“The leaders welcomed. the MoU between Indian universities, represented by the Council of IITs, and the Association of American Universities to establish the India-US Global Challenges Institute, with a combined initial commitment of at least $10 million,” the joint statement read.
While Dr Alakija said the most significant achievement of the health track was the launch of the Global Initiative on Digital Health with the Global South leading the way, she also expressed concern on the interim medical countermeasures platform proposed by India.
Reaffirming their commitment to building resilient technology value chains and linking defence industrial ecosystems, Modi and Biden recommitted their administrations to promoting policies and adapting regulations that facilitate greater technology sharing
“The leaders lauded the settlement of the seventh and last outstanding World Trade Organisation (WTO) dispute between India and the United States. This follows the unprecedented settlement of six outstanding bilateral trade disputes in the WTO in June 2023,” the statement said.
While these critical defence pacts and the procurement was announced during PM Modi’s State visit to the US in June this year, the meeting will likely expedite their progress.