The China Mail - Biden, Modi salute 'defining partnership' as US invests big in India

USD -
AED 3.672504
AFN 65.000368
ALL 81.216919
AMD 362.051328
ANG 1.789785
AOA 917.000367
ARS 1509.516079
AUD 1.435956
AWG 1.80125
AZN 1.70397
BAM 1.739803
BBD 2.01708
BDT 123.195303
BGN 1.747831
BHD 0.378775
BIF 2997.464751
BMD 1
BND 1.281146
BOB 11.69239
BRL 5.065104
BSD 1.001468
BTN 95.050483
BWP 13.720589
BYN 3.015879
BYR 19600
BZD 2.014233
CAD 1.41575
CDF 2313.50392
CHF 0.825932
CLF 0.024881
CLP 979.255437
CNY 6.691204
CNH 6.686704
COP 3173.953654
CRC 455.099408
CUC 1
CUP 24.035938
CVE 98.087444
CZK 21.645304
DJF 178.33919
DKK 6.651204
DOP 61.433083
DZD 133.824668
EGP 53.529689
ERN 15
ETB 163.585998
EUR 0.889904
FJD 2.26765
FKP 0.750199
GBP 0.752078
GEL 2.590391
GGP 0.750199
GHS 11.695058
GIP 0.750199
GMD 73.503851
GNF 8810.21216
GTQ 7.652004
GYD 209.527198
HKD 7.84815
HNL 26.885202
HRK 6.703804
HTG 131.147978
HUF 323.310388
IDR 18053
ILS 3.09465
IMP 0.750199
INR 94.965504
IQD 1518.213762
IRR 1795877.503816
ISK 121.180386
JEP 0.750199
JMD 159.195837
JOD 0.70904
JPY 158.01504
KES 130.098296
KGS 87.450384
KHR 4070.631144
KMF 440.00035
KPW 899.999961
KRW 1334.610383
KWD 0.31082
KYD 0.834586
KZT 453.195748
LAK 22534.359294
LBP 89683.40524
LKR 331.690611
LRD 170.751234
LSL 16.462394
LTL 2.95274
LVL 0.60489
LYD 6.431526
MAD 9.729662
MDL 17.966464
MGA 4507.405595
MKD 54.836988
MMK 2099.858992
MNT 3597.263832
MOP 8.096339
MRU 40.037362
MUR 47.230378
MVR 15.460378
MWK 1736.600987
MXN 18.492904
MYR 4.083204
MZN 63.903729
NAD 16.462394
NGN 1331.210377
NIO 36.854512
NOK 9.427704
NPR 152.081128
NZD 1.767253
OMR 0.384504
PAB 1.001468
PEN 3.444825
PGK 4.547436
PHP 62.986038
PKR 277.237468
PLN 3.88825
PYG 5719.877241
QAR 3.660721
RON 4.730604
RSD 104.461148
RUB 84.13468
RWF 1478.183516
SAR 3.752837
SBD 8.064647
SCR 13.905529
SDG 601.503676
SEK 9.912404
SGD 1.282104
SHP 0.754745
SLE 24.680371
SLL 20969.504398
SOS 572.343548
SRD 37.794504
STD 20697.981008
STN 21.794245
SVC 8.763065
SYP 13001.999685
SZL 16.455989
THB 33.445038
TJS 9.228751
TMT 3.51
TND 2.98768
TOP 2.40776
TRY 49.513804
TTD 6.798915
TWD 32.453604
TZS 2646.44398
UAH 44.920874
UGX 4136.458658
UYU 40.314905
UZS 12073.121914
VES 878.910604
VND 25894.5
VUV 119.757204
WST 2.787783
XAF 583.738825
XAG 0.017551
XAU 0.000240063761
XCD 2.70255
XCG 1.804919
XDR 0.707052
XOF 583.738825
XPF 106.089045
YER 236.150363
ZAR 16.494037
ZMK 9001.203584
ZMW 20.049815
ZWL 321.999592
SSP 5758.113256
MXV 2.088032
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Biden, Modi salute 'defining partnership' as US invests big in India
Biden, Modi salute 'defining partnership' as US invests big in India / Photo: © AFP

Biden, Modi salute 'defining partnership' as US invests big in India

US President Joe Biden on Thursday hailed a "defining partnership" with India as he rolled out the red carpet for Prime Minister Narendra Modi, sealing major defense and technology deals as Washington bets big on New Delhi as a counterweight to China.

Text size:

Modi is being feted with the pomp of a state visit, only the third of Biden's presidency, in a calculated show of full-throated US support -- despite quiet unease over India's refusal to break with Russia and what rights groups see as growing authoritarianism by the Hindu nationalist leader.

With around 7,000 Indian-Americans gathered on the White House's South Lawn to cheer him on, Modi, sporting a flowing white kurta with a sky-blue jacket, walked a red carpet to a military salute as Biden welcomed him.

"I have long believed that the relationship between the US and India will be one of the most defining relationships of the 21st century," Biden said.

"The challenges and opportunities facing the world in this century require that India and the United States work and lead together," he said.

Modi, India's most powerful prime minister in decades, said that the two countries "are committed to work together for the global good and for global peace, stability and prosperity."

"Our strong strategic partnership is a clear proof of the power of democracy," said Modi, who unlike most of India's post-independence leaders spoke Hindi rather than English on the global stage.

Modi will later address a joint session of Congress and return to the White House for a gala dinner, with First Lady Jill Biden tapping a star Californian plant-based chef, Nina Curtis, to cook for the strictly vegetarian prime minister.

The White House said the two leaders will take questions from the press, while stopping short of calling the event a press conference. Modi has nearly always avoided unscripted interactions with reporters during his nine years in office.

In one of the biggest agreements of the visit, described by a US official as "trailblazing," the United States signed off on a technology transfer for engines as India begins producing homegrown fighter jets.

General Electric will have the green light to produce its F414 engines jointly with state-owned Hindustan Aeronautics.

A US official said India would also buy MQ-9B SeaGuardians, high-precision armed drones. India in 2019 broke precedent with an airstrike in Pakistani territory against an alleged extremist camp.

Washington hopes a tighter defense relationship will help wean India off Russia, New Delhi's primary military supplier during the Cold War.

India has refused to join Western efforts to isolate Russia over its invasion of Ukraine and instead has seized on the crisis to buy discounted Russian oil.

In one long-running point of contention, India has been angered by US sales of F-16 fighter jets to its historic rival Pakistan.

- India as rival hub to China -

In another agreement, US chip giant Micron will invest $800 million in a semiconductor assembly and testing plant in India, which is expected to reach $2.75 billion after contributions from New Delhi.

A US official said the plant would help diversify supply chains of advanced semiconductors, as Biden leads a concerted effort to deny exports of top-end chips to China.

Micron nonetheless also recently announced a $600 million investment in a factory in China.

India, a growing power in space, also agreed during Modi's visit to join the Artemis Accords, a US-led multinational effort to put a human back on the Moon by 2025.

As part of the cooperation, India's space program will work with NASA on a joint mission to the International Space Station next year, the White House said.

- Treading lightly on rights -

The United States has been seeking a closer relationship with India since the late 1990s, seeing the billion-plus democracy as like-minded on the challenges both of China and radical Islamism.

But Modi has also faced growing criticism for treatment of religious minorities, the opposition and independent media, with the State Department pointing to police and vigilante violence against Muslims and Christians.

Biden touched lightly on concerns, telling Modi that religious pluralism was among "core principles" for both the United States and India "even as they have faced challenges throughout each of our nations' histories."

Modi replied that both nations "take pride in their diversity."

Three prominent left-wing Democrats including Representative Alexandria Ocasio-Cortez and two Muslims, Ilhan Omar and Rashida Tlaib, said they would boycott Modi's speech to Congress.

Saying the US Congress should not invite leaders with "deeply troubling human rights records," Ocasio-Cortez said she would stay away to show support for "pluralism, tolerance and freedom of the press."

Dozens of other Democrats in a letter urged Biden to raise concerns "in an honest and forthright way," although they stopped short of boycotting and backed closer ties with India.

S.Davis--ThChM