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WORLD NEWS | PM Modi visit to boost strategic tech partnerships: US Department of Commerce Secy Raimondo

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U.S. Secretary of Commerce Gina Raimondo. (Photo: ANI)

washington [US], June 13 (ANI): US Secretary of Commerce Gina Raimondo has stressed that Prime Minister Narendra Modi’s upcoming visit to the US will provide an opportunity to strengthen commercial and strategic technology partnerships between the two countries. She singled out industries such as defense, semiconductors and clean energy as areas of focus.

Speaking at the US-India Business Council’s (USIBC) 48th India Ideas Summit in Washington on Tuesday, Raimondo said: “Our goal is to elevate and connect our vibrant innovation ecosystem, address regulatory barriers to collaboration, and Further supporting our shared vision to enhance strategic technology partnerships. On June 22, President Biden will host Prime Minister Modi for an official state visit to the United States. This will be an opportunity to enhance our government’s commercial and strategic technology partnerships, including defense, Semiconductor supply chain, clean energy and space.”

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Raimondo gave a virtual speech at the summit today. She recalled her trip to India in March this year and said it was a wonderful experience and a great way to understand an important part of Indian culture.

“My visit made me more optimistic about the strength of the US-India relationship. Secretary Goyal and I share the focus on the development and security of critical and emerging technologies. Semiconductors are at the heart of this effort and the MoU signed by Minister Goyal and I The agreement signed in March will bring our two parties even closer as we both respond to the urgent need to build a stronger and more secure semiconductor supply chain,” Raimondo said.

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Additionally, Raimondo acknowledged the excitement of working with India within the Indo-Pacific economic framework, highlighting the recent announcement of a major global supply chain agreement aimed at enhancing resilience, diversity and security.

“Last month, we announced an unprecedented international agreement on supply chains. Through the proposed agreement, IPEF partners will seek to increase the resilience, diversity and safety of our supply chains through individual and collective action,” said Raymond In her speech today, Duo said she thanked the Business Council for inviting her to the summit.

India’s ambassador to the US, Taranjit Singh Sandhu, said on Monday (local time) that the speed and scale of the transformation in India-US relations was “amazing”.

Speaking at the “India Minds Summit” organized by the US-India Business Council, he said Prime Minister Narendra Modi is the third Indian leader to receive the honor of a US Presidential State Visit.

Sandhu said Prime Minister Modi was the only Indian leader to address the US Congress twice. At the invitation of US President Joe Biden and First Lady Jill Biden, Prime Minister Narendra Modi will visit the US from June 21 to 24. US Secretary of State Anthony Blinken and USIBC Chairman Atul Kersharp were also present at the India Ideas Summit. He praised the US International Business Council for organizing the summit.

Speaking at the India Thought Summit, Taranjit Singh Sandhu said, “We are a week away from Prime Minister Modi’s historic state visit to the US at the invitation of President Biden. Both sides are very excited as you can see. My Prime Minister is the third Indian leader in our independent history to receive the honor of a US Presidential State Visit. He also became the only Indian leader to address the US Congress, twice.”

The ceremony and substance of Prime Minister Modi’s visit to the US will be “completely complementary and unparalleled”, Sandhu said.

He commended the US-India Business Council for organizing the summit and acknowledged the contributions of the participants in promoting India-US relations. (Arnie)

(This is an unedited and auto-generated story from a Syndicated News feed, the body of content may not have been modified or edited by LatestLY staff)


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