India-US ties in true sense a partnership of trust, says PM Modi

"We took part in a positive and useful Quad Summit today. 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," PM Modi said during the meeting with Biden.

The Prime Minister said that India and the US share similar views on Indo-Pacific.

"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 said.

Speaking further, PM Modi said people-to-people ties and strong economic cooperation make India-US partnership unique. "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."

The meeting between PM Modi and Biden marks a continuation of their regular dialogue having interacted most recently in virtual mode on April 11. The two leaders are expected to review the India-US Strategic Partnership and follow up on discussions held during PM's bilateral meeting with President Biden in September 2021. They will also exchange views on regional and global developments of shared interest.This meeting comes after the fourth interaction of Quad Leaders since their first virtual meeting in March 2021, in-person Summit in Washington D.C. in September 2021 and virtual meeting in March 2022.The Quad Summit provided an opportunity for the Leaders to exchange views about developments in the Indo-Pacific region and contemporary global issues of mutual interest.The Quad summit witnessed the launch of a new initiative for continuous collaboration in the maritime domain, space, climate change, health and cyber security. (ANI)