4 Agreements between India and Us
India and the United States have a long-standing partnership that spans across various sectors and industries. During the visit of the US Secretary of State Mike Pompeo to India in 2019, the two countries signed 4 significant agreements. These agreements are expected to strengthen the India-US partnership and promote cooperation in various fields.
The first agreement signed was the Industrial Security Annex (ISA) to the General Security of Military Information Agreement (GSOMIA). This agreement is significant as it provides a framework for the exchange and protection of classified military information between the two countries. The ISA will enable the US companies to collaborate with Indian private entities in the defence sector and open new avenues for India`s defence industry.
The second agreement was the Memorandum of Understanding (MoU) on mental health. This agreement aims to promote cooperation between India and the US in the field of mental health. It emphasises the importance of exchanging knowledge and expertise in mental health care and encourages collaboration between academic institutions and practitioners in both countries.
The third agreement was the MoU on intellectual property cooperation. Intellectual property (IP) is an important driver of economic growth and innovation. This agreement aims to promote cooperation between India and the US in the protection and enforcement of IP rights. It recognises the importance of a strong IP framework and the need to strengthen cooperation in this area.
Finally, the fourth agreement signed between the two countries was the Letter of Cooperation (LoC) between the Indian Oil Corporation Limited (IOCL) and ExxonMobil India LNG Limited. The LoC aims to explore opportunities for collaboration in natural gas and LNG sectors in India. It emphasises the need to work towards developing safe, reliable, and efficient LNG infrastructure in India.
In conclusion, the four agreements signed between India and the US are expected to strengthen the partnership between the two countries and promote cooperation in various fields. These agreements reflect the shared vision of both countries to work towards a more secure, prosperous, and sustainable future. The agreements are a positive step towards enhancing the strategic partnership between India and the US and are expected to lead to greater collaboration and exchange of knowledge and expertise in various sectors.