India and the United States intend to launch the "third phase" of their relationship by expanding the ambit of dialogue to include an annual meeting between the External Affairs Minister and the Secretary of State and involving non-governmental figures and organisations.
It is also proposed to hold discussions on the Fissile Missile Cut-off Treaty (FMCT), increased cooperation in countering terrorism and reforms in multilateral institutions and groupings.Talks on reprocessing arrangements and those on an investment treaty will start soon.
The two reaffirmed their commitment to the early adoption of a U.N. Comprehensive Convention against International Terrorism, which would strengthen the framework for global cooperation. Sharing a vision of a world free of nuclear weapons, both sides agreed to move ahead in the Conference on Disarmament towards a non-discriminatory, internationally and effectively verifiable FMCT.
A high-level bilateral dialogue will try to close gaps on achieving global nuclear non-proliferation and cooperation to prevent nuclear terrorism.
They pledged to cooperate to not only preserve the economic synergies between the two countries that have grown over the years, but also to increase and diversify bilateral economic relations and expand trade and investment flows.
To harness the ingenuity and entrepreneurship of the private sectors of both countries with a newly-configured CEO Forum that would meet later this year.
the two sides concluded a Science and Technology Endowment Agreement, and signed a Technology Safeguards Agreement that will permit the launch of civil or non-commercial satellites containing U.S. components on Indian space launch vehicles.
India's is to participate in the FutureGen Project for the construction of the first commercial scale fully integrated carbon capture and sequestration project and in the Integrated Ocean Development Project, an international endeavour for enhancing the understanding of Earth and Ocean dynamics, and addressing the challenges of climate change.
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