Today, the United States and India has renewed a pact that offers a framework for promoting bilateral cooperation to meet the development hopes of partner nations, particularly in Africa and Asia.
The First Amendment to the SGP (Statement of Guiding Principles) on Triangular Cooperation for Global Development was signed by Joint Secretary, Devyani Khobragade, Ministry of External Affairs of India, and Mission Director for the United States Agency for International Development (USAID) in India, Mark Anthony.
In November 2014, the SGP agreement was signed, underlines the contribution of India-US partnership to global prosperity and stability as well.
It offers a framework for promoting cooperation between the two nations to meet the development desires of partner nations, particularly Africa and Asia.
The first amendment to the SGP agreement extended the validity of the SGP agreement up to the year 2021, reports a Ministry of External Affairs.
It further expanded the scope of capacity-building activities, which were jointly undertaken by the US and India under this framework and also offered a consultative mechanism for joint biannual monitoring as well as a review of activities undertaken under the Statement of Guiding Principles.
The statement continues, “Under the agreement, India and the US will continue to offer capacity-building assistance to partner countries in multiple sectors, focusing primarily on agriculture, regional connectivity, trade and investments, nutrition, health, clean and renewable energy, women empowerment, disaster preparedness, water, sanitation, education and institution building.”