US President Barack Obama is upbeat on India. He said that relation with India is extraordinarily important, reports CNBC-TV18.
In a joint statement with Indian Prime Minister Manmohan Singh, Obama added that India-US relations is a matter of bipartisan consensus.
Addressing the media after the bilateral talks between Singh and the US President, the leaders talked on a range of issues from Pakistan to economy.
“My mandate is to grow the US economy. India is moving steadily towards liberalisation and deals with India will create jobs in the US,” Obama explained.
On a very optimistic note, Obama continued that he is in India to create an economic opportunity for US.
Obama's trip to India is aimed to seal big-ticket business deals to secure jobs and exports as well as countering Indian perceptions he has relegated Asia's third-largest economy behind rivals China and Pakistan.
Talking on the business opportunities, Obama said that a new clean energy research center will be formed in India. He added further that India-US will cooperate in Shale Gas, bio-fuels and clean technology.
The two countries will set up a research and development centre for clean energy in India.
"We agreed to deepen our co-operation in pursuit of clean energy technologies, including the creation of a new clean energy research centre here in India, and continuing our joint research into solar, biofuels, shale gas and building efficiency. We are expanding efforts to increase nuclear non-proliferation and India to build new center for nuclear security in four years,” Obama informed.
He also remarked, “India is not emerging, it has emerged.” Saying that India-Pakistan must reduce tensions between each other, Obama clarified that US cannot impose a solution for Kashmir issue.
During a 10-day trip to Asia that will also take him to Indonesia, South Korea and Japan, Obama will push to resolve global financial imbalances, an issue he will make a focus of debate at next week's G20 heads of state meet in Seoul.
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