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Modi invites US defence firms to manufacture in India during meeting with Biden

Prime Minister Narendra Modi with US President Joe Biden in Tokyo after the Quad Summit (Photo: MEA/Twitter)

Prime Minister Narendra Modi met US President Joe Biden in Tokyo on Tuesday after the Quad Leaders' Summit. This was their fourth face-to-face interaction besides a number of online meets since Biden took over in January 2021.

The two leaders exchanged views on regional and global developments including the Indo-Pacific region. They also reviewed progress in various sectors between the two nations.

The Ministry of External Affairs said: "Noting that defence and security cooperation is a crucial pillar of the India-US bilateral agenda, both sides discussed how they can further strengthen collaboration". The statement added that Modi invited US businesses to manufacture in India under the 'Make in India' and 'Aatma Nirbhar Bharat' schemes.

The two countries also launched an India-US Initiative on Critical and Emerging Technologies (iCET). Co-led by the National Security Council Secretariat in India and the US National Security Council, iCET would forge closer linkages between government, academia and industry in areas such as AI, quantum computing, 5G/6G, biotech, space and semiconductors.

The MEA said that India and the US extended the longstanding Vaccine Action Programme (VAP) until 2027 to continue joint biomedical research for the development of vaccines and related technologies.

Modi also called for strengthening higher education collaborations which can be of mutual benefit. India and the US enjoy a Comprehensive Strategic Global Partnership cemented by democratic values, rule of law and a commitment to uphold a rules-based international order.

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