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November 15th, 2010

India and US expand and strengthen their Global Strategic Partnership

State visit to India of President Obama: At the end of the successful visit the following Joint Statement was issued

PM Manmohan Singh and US President Barack Obama at the Joint Press Conference, 8 Nov, New Delhi

US. President Barak Obama paid a successful visit to India and the following Joint Statement was issued during the visit:

Reaffirming their nations’ shared values and increasing convergence of interests, Prime Minister Dr. Manmohan Singh and U.S. President Barack Obama resolved in New Delhi on November 24 to expand and strengthen the India-U.S. global strategic partnership.

The two leaders welcomed the deepening relationship between the world’s two largest democracies. They commended the growing cooperation between their governments, citizens, businesses, universities and scientific institutions, which have thrived on a shared culture of pluralism, education, enterprise, and innovation, and have benefited the people of both countries.

Building on the transformation in India-U.S. relations over the past decade, the two leaders resolved to intensify cooperation between their nations to promote a secure and stable world; advance technology and innovation; expand mutual prosperity and global economic growth; support sustainable development; and exercise global leadership in support of economic development, open government and democratic values.

The two leaders reaffirmed that India-U.S. strategic partnership was indispensable not only for their two countries but also for global stability and prosperity in the 21st century. To that end, President Obama welcomed India’s emergence as a major regional and global power and affirmed his country’s interest in India’s rise, its economic prosperity, and its security.

A Global Strategic Partnership for the 21st Century

Prime Minister Singh and President Obama called for an efficient, effective, credible and legitimate United Nations to ensure a just and sustainable international order. Prime Minister Singh welcomed President Obama’s affirmation that, in the years ahead, the United States looked forward to a reformed UN Security Council that included India as a permanent member. The two leaders reaffirmed that all nations, especially those that seek to lead in the 21st century, bear responsibility to ensure that the United Nations fulfills its

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India calls on G-20 to help bridge infrastructure gaps

Attending memeber of the G20 group, 12 Nov, Seoul (PM Dr Manmoham Singh is seen second row, centre)

Prime Minister Dr. Manmohan Singh on November 12 called for a new global rebalance in which funds from surplus nations could go to bridging the infrastructure gap in poor and emerging economies to avoid destabilisation. “Problems facing us in rebalancing the global economy is well known,” the Prime Minister told a plenary session of the G20 Summit in Seoul, making a point that deficits of some countries need to be offset by investments elsewhere by surplus countries so as not to cause a contraction of the global economy.

The Prime Minister’s remarks:

“The G20 has only been in existence for two years. Yet it can claim several important successes in this short

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