Indo-US alliance to define security, economic landscape, says Modi-Biden Joint Statement

New Delhi: The decisions taken at the bilateral meeting between Prime Minister Narendra Modi and US President Joe Biden in Washington on Friday would define the economic and security landscape of the next century, said a Joint Statement.

The two sides will build a strategic partnership and work together with regional groupings, including ASEAN and Quad, developing a trade and investment partnership, finishing the fight against the pandemic, scale up climate action, strengthen democratic values and enhance people-to-people ties, said a Joint Statement after the meeting, The Tribune reported adding that on climate change, Biden acknowledged the importance of finance as India plans to install 450 GW of renewable power by 2030. This will be done by the Strategic Clean Energy Partnership (SCEP) and the recently-launched Climate Action and Finance Mobilisation Dialogue (CAFMD), said the Joint Statement.