US Backs India’s Membership Of NSG
- Gayathri Mathivanan
- June 7, 2016, 11:49 AM
US President Barack Obama on Tuesday supported India's candidature for membership of the elite Nuclear Suppliers Group (NSG) as he discussed at the White House with Prime Minister Narendra Modi ways to take the bilateral ties to new heights.
Addressing the media jointly with Modi after over hour-long talks at the White House, Obama said it was natural for India and the US, the two biggest democracies, to “deepen and broaden” their partnership. “I indicated support to India being a part of NSG,” the US President said.
Obama underlined that India needs technology which is critical for its progress and prosperity.
Modi later said, “I am thankful for the help and support that my friend President Obama has extended with regard to membership in MTCR (Missile Technology Control Regime)and NSG(Nuclear Suppliers Group).”
Modi said the two leaders discussed a wide range of issues, particularly ways to take bilateral economic ties to new heights.
The other issues discussed by them included terrorism, clean energy, climate change, regional security and cyber security.
The two leaders said in a joint statement that India and the US Export-Import Bank intend to work together toward a competitive financing package for the project and will work to finalize contractual agreements by June 2017.
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