During the fifth meeting between the two leaders in over a year, Obama also reiterated support for India's permanent membership of the UN Security Council while Modi pressed for reform of the world body within a fixed time frame.
The climate change issue dominated the talks, with Obama saying India's leadership at the upcoming global conference in Paris in November will set the tone for decades to come after Modi underlined the need for concrete outcomes at the meet.
Underlining India's commitment to deal with the problem, Modi said there should be no negativity ahead of the global summit as he pressed for transfer of finances and technology to developing countries at affordable costs and make it accessible to those needy.
Setting the tone for the delegation-level meeting, Obama warmly received Modi by hugging him.
"We discussed how we can further refine our strategic vision," said Obama after the hour-long talks.
He said the two leaders discussed how to move forward in various areas like security, economy, trade and investment as also cooperation to defence procurement.
"On all these issues, the Prime Minister has been an outstanding partner," Obama said.
"Our meeting today was very productive in advancing some of our immediate priorities as also our broader strategic partnership," Modi said.
Appreciating the US President's "friendship, vision and commitment for the relationship", he said the bilateral partnership addresses a broad range of strategic and security concerns - counter terrorism, cyber security, training.
"Our defence cooperation, including defence trade and training is expanding. As existing terrorism threats grow and new ones emerge, we have resolved to further deepen cooperation on counter-terrorism and radicalism," the Prime Minister said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)