Tokyo: The strategic relationship between India and the US is truly a "partnership of trust" and the friendship will continue to be a "force for good" for global peace and stability, Prime Minister Narendra Modi said during a bilateral meeting with US President Joe Biden here on Tuesday. "Our shared values, and our common interests in many areas, including security, have strengthened the bonds of this trust.
Our people-to-people relations and close economic relations also make our partnership unique," Modi said in his remarks during the meeting with Biden on the sidelines of the Quad summit in Tokyo. The prime minister said the trade and investment ties between the two sides are also expanding continuously, although it is still well below their potential.
"I am sure that the India-USA Investment Incentive Agreement between us will see concrete progress in the direction of investment. We are increasing our bilateral cooperation in the field of technology, and also strengthening mutual coordination on global issues," Modi said.
In his televised remarks, Modi said both the US and India share the same vision about the Indo-Pacific region and are working to safeguard the shared values and common interests not only at the bilateral level but also with other like-minded countries. "Quad and IPEF (Indo-Pacific Economic Framework for Prosperity) announced yesterday are active examples of this. Today our discussion will give more momentum to this positive momentum," he said.