A joint statement issued by the two leaders after two rounds of talks covered a wide range of issues including "broad strategic and global partnership" between the two countries, their shared values and their desire to strengthen and deepen cooperation.
The 64-year-old Indian leader made a strong impression with his energy and declared commitment to transform India in which he sought US cooperation and investments, including in railways and defence manufacturing.
USIBC told him that it had identified upwards of USD 41 billion slated for investment by its members in India within the next 3 years.
However, American media was of the view that thorny issues such as Indian taxation laws, trade and civilian nuclear energy cooperation, that had divided the two countries in the recent years, remained to be resolved.
The deal has remained stalled over the liability of those who supply nuclear reactors with Americans complaining that it was heavily weighed against them.
