PM Modi, President Biden hold wide-ranging talks on boosting trade, investment and defence ties

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Prime Minister Narendra Modi held wide-ranging bilateral talks with US President Joe Biden in Tokyo on Tuesday on ways to strengthen trade, investment, technology and defence ties between the two countries.</p>
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"Our trade and investment relations are also steadily on the rise but they are below our potential. I am confident that with the conclusion of the US Investment Incentive Agreement we will see concrete progress in investment between our two countries," PM Modi told the US President.</p>
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The Prime Minister said people-to-people ties and strong economic cooperation make India-US partnership unique.</p>
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The US President said, “Mr Prime Minister, there is so much that our countries can and will do together. I'm committed to making the US-India partnership among the closest we have on earth,”. The bilateral meeting was held on the sidelines of the Indo-Pacific summit.</p>
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The talks took place shortly after the leaders of the Quad nations–Australia, India, Japan, and the United States–met for the fourth time and the second time in person.</p>
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"Advancing Comprehensive Global Strategic Partnership Warm & wide-ranging talks held between PM @narendramodi and @POTUS @JoeBiden on bilateral, regional & global matters. Leaders noted with satisfaction the frequency of bilateral dialogues and engagements across levels," External Affairs Ministry Spokesperson Arindam Bagchi said in a tweet.</p>
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"Discussed ways to strengthen cooperation in trade, investment, technology, defence, P2P ties between the two countries. Concluded with substantive outcomes adding depth and momentum to the bilateral partnership," Bagchi added.</p>
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During the bilateral meeting with Biden, PM Modi said, "India and US partnership in the true sense is a partnership of trust. Our common interests and values have strengthened this bond of trust between our two countries."</p>
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The Prime Minister said that India and the US share similar views on the Indo-Pacific.</p>
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"We share similar views on Indo-Pacific, at the bilateral level as well as with like-minded countries to work to protect our common concerns. Our discussions today will give speed to this positive momentum," he added.</p>
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<strong>Also read:  <a href="https://www.indianarrative.com/world-news/biden-contrasts-democratic-india-s-success-with-autocratic-china-s-failure-to-handle-covid-173069.html">Biden contrasts democratic India’s success with autocratic China’s failure to handle Covid-19</a></strong></p>