India, US to resume talks on bilateral investment treaty: Modi (Lead)

Posted on 27th Jan 2015 06:18 pm by mohit kumar

New Delhi, Jan 25 (IANS) India will resume its dialogue on bilateral investment treaty with the US as the economic growth in both countries is becoming stronger, Prime Minister Narendra Modi said Sunday.

"Economic growth in the two countries is becoming stronger. We will resume dialogue on bilateral investment treaty," he said at a joint press meeting with US President Barack Obama after their talks.

Modi also said India will start discussion with the US on the social security agreement which is important for hundreds of thousands of Indians working in the US.

In his statement, Obama said: "Our economic partnership has grown and our economic partnership will improve daily lives of our people. We have identified the bilateral investment treaty to discuss further."

"The prime minister has informed me about his missions of economic prosperity to improve the lives of rural Indians with bank accounts, clean water and clean air. We are working on providing assistance to all these," he added.

Obama spoke about Modi's recent reforms to ease doing business in India.

"Since my last visit here and the address made to your parliament, trade has increased and we are cooperating on key global challenges. The trade between our country has increased by more than 60 percent and it is going to reach $100 billion," he said.

Other news

RJ Mahvash: Mahvash was seen with Yuzvendra Chahal on a dinner date, fans said- don't spoil the private moment

Punjab Kings and RCB are to face each other in the final of IPL 2025. Meanwhile, radio jockey tur

COVID 3rd Wave Update: Corona's third wave may come after December, the vaccine will not be able to protect against new variants

After the weakening of the second wave of coronavirus infection, now the third wave is being fear

Haryana government's big step because of pollution in NCR, ban on stone crushers within a 5 km radius of Delhi

Haryana Government has banned stone crushers in the area adjoining Delhi. The Haryana government

Rohit Sharma : 'The wicket on which he grew up playing, had to play well there', Rohit gave a class to Indian batsmen

India got defeated by 21 runs in the third ODI against Australia. With this defeat, Team India al

Aryan Khan Bail: Aryan Khan's bail has not been decided today, tomorrow will hear the application again

Aryan Khan Drugs Case: The decision on the bail petition filed in the Bombay High Court by Aryan

In 20 days, the rate of infection in India increased by 65%, two and a half times more than the US; Now every day 20% of the world's cases are coming to us.

The cases of corona infection in the world have crossed 1.5 million. Six months ago there were le

Bengal hospitals refusing swine flu patients: NGO tells Mamata

Kolkata, Feb 28 (IANS) NGO People for Better Treatment (PBT) has termed as "unlawful" the refus

Haryana's BJP government completes 8 years: Khattar will reach Delhi today; Election code of conduct casts a shadow on CM's 'Manohar' announcements

The BJP government in Haryana is going to complete eight years. Along with the government, the BJ

IND VS BAN: 'Sir, I have only two hands...', why did Virat Kohli say this to the hotel staff after reaching Kanpur? Video is going viral rapidly.

The Indian team has reached Kanpur for the second Test match against Bangladesh. On Tuesday, the

More than 1.60 lakh patients were found for the second consecutive day; Active case crosses 12.5 lakhs, increasing to over 6.78 lakhs in 12 days

The pace of Corona in the country is frightening. On Monday, 1 lakh 60 thousand 694 new patients