The Japan Times - Biden, Modi salute 'defining partnership' as US invests big in India

EUR -
AED 4.059676
AFN 70.746847
ALL 90.779976
AMD 398.550253
ANG 1.978947
AOA 1013.67464
ARS 1711.213398
AUD 1.628319
AWG 1.991423
AZN 1.871276
BAM 1.956473
BBD 2.227066
BDT 137.527278
BGN 1.955429
BHD 0.417125
BIF 3320.191206
BMD 1.105425
BND 1.42377
BOB 12.909263
BRL 6.238798
BSD 1.10568
BTN 104.14739
BWP 15.455103
BYN 3.312594
BYR 21666.330242
BZD 2.223864
CAD 1.573638
CDF 2559.059172
CHF 0.925224
CLF 0.02803
CLP 1103.180706
CNY 7.373903
CNH 7.375655
COP 3670.961707
CRC 495.470328
CUC 1.105425
CUP 26.536762
CVE 110.302919
CZK 24.420826
DJF 196.895015
DKK 7.475558
DOP 67.26221
DZD 151.27302
EGP 59.055226
ERN 16.581375
ETB 181.480725
FJD 2.514124
FKP 0.834949
GBP 0.8349
GEL 2.863122
GGP 0.834949
GHS 12.964281
GIP 0.834949
GMD 81.801745
GNF 9796.367701
GTQ 8.452791
GYD 231.326384
HKD 8.67306
HNL 29.732952
HRK 7.532935
HTG 144.997878
HUF 365.243252
IDR 20169.363691
ILS 3.552311
IMP 0.834949
INR 104.185257
IQD 1676.2535
IRR 2115230.761438
ISK 136.597604
JEP 0.834949
JMD 174.71006
JOD 0.783721
JPY 176.729861
KES 143.70526
KGS 96.653395
KHR 4542.499938
KMF 493.019807
KPW 994.882825
KRW 1476.997058
KWD 0.344273
KYD 0.921404
KZT 492.85274
LAK 24889.556292
LBP 99015.695075
LKR 367.761435
LRD 187.972069
LSL 18.692572
LTL 3.264032
LVL 0.668661
LYD 7.127321
MAD 10.955635
MDL 20.084632
MGA 5023.727009
MKD 61.535816
MMK 2321.281846
MNT 3984.041988
MOP 8.935849
MRU 44.718373
MUR 52.640436
MVR 17.034882
MWK 1917.333105
MXN 20.519253
MYR 4.515881
MZN 70.647285
NAD 18.692657
NGN 1487.503373
NIO 40.693253
NOK 10.541349
NPR 166.630746
NZD 1.995165
OMR 0.425037
PAB 1.10568
PEN 3.762293
PGK 5.045735
PHP 70.67148
PKR 305.75446
PLN 4.40639
PYG 6862.359076
QAR 4.030786
RON 5.349038
RSD 117.627154
RUB 90.892801
RWF 1635.840156
SAR 4.165923
SBD 8.950957
SCR 15.421559
SDG 664.904419
SEK 11.109234
SGD 1.423152
SHP 0.828313
SLE 25.332183
SLL 23180.207647
SOS 631.888643
SRD 41.441841
STD 22880.065912
STN 24.508425
SVC 9.675326
SYP 14372.735838
SZL 18.687171
THB 37.441298
TJS 10.200068
TMT 3.880042
TND 3.333046
TOP 2.661598
TRY 55.677223
TTD 7.50558
TWD 36.351347
TZS 2928.171091
UAH 50.272282
UGX 4566.569851
USD 1.105425
UYU 44.815406
UZS 13296.570967
VES 995.424723
VND 28437.611156
VUV 133.018805
WST 3.089507
XAF 655.957
XAG 0.022237
XAU 0.000284158171
XCD 2.987466
XCG 1.992749
XDR 0.781593
XOF 655.957
XPF 119.331742
YER 261.424895
ZAR 18.72721
ZMK 9950.167328
ZMW 22.606465
ZWL 355.946403
SSP 6573.4216
MXV 2.304338
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

Biden, Modi salute 'defining partnership' as US invests big in India
Biden, Modi salute 'defining partnership' as US invests big in India / Photo: ANDREW CABALLERO-REYNOLDS - 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.

T.Sato--JT