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00:00across the region.
00:01Through the multinational Combined Maritime Forces Coalition, of which India is now a
00:06full-time member, we are combating both piracy and trafficking at sea.
00:11Through Exercise Malabar, the U.S., India, Australia, and Japan are training to more
00:16rapidly respond to natural disasters across the region.
00:20And through historic agreements that allow U.S. Navy vessels to seek repair and maintenance
00:25in Indian shipyards in Kochi, Mumbai, and soon Chennai, the United States can more readily
00:31train and operate with countries across the Indian Ocean region.
00:35At a time when we're seeing more dangerous provocations in the air and at sea, the proliferation
00:41of destabilizing technologies, and countries attempting to change the status quo by force,
00:47our cooperation – in technology, in defense, and beyond – is rapidly becoming one of
00:52the core pillars of stability across the Indo-Pacific.
00:56And frankly, it goes beyond the Indo-Pacific, which brings me to the third area – delivering
01:00for the world.
01:02Nowhere is this more evident than clean and affordable technologies.
01:07The U.S. Development Finance Corporation is engaged in path-breaking partnerships with
01:12Indian companies to localize and scale solar manufacturing.
01:17That includes investing nearly $1 billion in solar panel manufacturing in Tamil Nadu,
01:22and providing support for leading Indian manufacturing, including Tata Power Renewables.
01:30And in the past year, we concluded a new initiative on clean energy supply chains that lays out
01:34a path for our countries to deploy clean energy across Africa, to work with African partners
01:40on high-impact solar projects, on electric vehicle projects.
01:43And we're not stopping with clean energy.
01:46Our technology partnership is delivering affordable public goods in numerous ways.
01:52Through the Quad, for example, we've announced plans to deliver Open RAN technology, which
01:57will bring 5G and 6G to the world, AI-driven agricultural solutions, cutting-edge satellite
02:04data to developing economies.
02:06And at the G20 here in Delhi in September of 2023, we together announced the launch
02:12of the India-Middle East Economic Corridor, an ambitious initiative linking India, the
02:17Middle East, and ultimately Europe with the sea and rail corridor and fiber and electricity
02:23and energy connections.
02:25That was just a few weeks before October 7th.
02:29It got disrupted with the events and the crises in the Middle East.
02:33But we have continued to nurture the vision of IMEG, and I have personally engaged with
02:37the key countries and key leaders to keep making progress.
02:41I've also talked to the incoming administration about the enormous opportunity that IMEG presents
02:46to deliver both growth and integration and a high-standard alternative to what Beijing
02:52has on offer.
02:54The bottom line of all of these efforts that I've just laid out is that the potential for
02:58this partnership to a large extent has already been realized, but in realizing it, we recognize
03:04it's actually boundless.
03:05There is so much more for us to be able to do as we go forward.
03:09But I hasten to add that that progress is not inevitable.
03:14Over the years, I've noticed that people have referred to the United States and India as
03:18natural partners.
03:19It's a phrase they use, natural partners.
03:22And in many ways, that's true.
03:24Our democracies are linked, our companies are linked, our universities are linked, as
03:28you heard from Director Banerjee about the synergies between U.S. researchers and researchers
03:33right here at IIT Delhi.
03:36And more than anything else, our people are linked.
03:39But the U.S.-India partnership that we've built together is not one that just naturally
03:43sprang into existence.
03:45All of our linkages may have been necessary, but at the same time, they were insufficient
03:50to generate the outcomes that we've seen.
03:53The partnership we have built is one of intention, of choice, one of determination, of leadership,
04:01and frankly, one of perseverance and grit.
04:05Look at the U.S.-India civil nuclear agreement concluded by President George W. Bush and
04:10Prime Minister Manaman Singh, or India's designation as a major defense partner of
04:15the United States in 2016, or President Biden and Prime Minister Modi's decision to manufacture
04:21advanced jet engine technology and explore space together.
04:25None of these were natural occurrences.
04:29Step by step, we've worked to build trust, to build habits of cooperation, to move our
04:34partnership past what Prime Minister Modi has called our hesitations of history.
04:41Which brings me to another historic step in the journey.
04:46Although former President Bush and former Prime Minister Singh laid out a vision of
04:50civil nuclear cooperation nearly 20 years ago, we have yet to fully realize it.
04:56And as we work to build clean energy technologies to enable growth, we have yet to fully realize
05:00it.
05:01And as we work to build clean energy technologies to enable growth, we have yet to fully realize
05:02it.
05:03And as we work to build clean energy technologies to enable growth, we have yet to fully realize
05:04it.
05:05And as we work to build clean energy technologies to enable growth, we have yet to fully realize
05:06it.
05:07And as we work to build clean energy technologies to enable growth, we have yet to fully realize
05:08it.
05:09And as we work to build clean energy technologies to enable growth, we have yet to fully realize
05:10it.
05:11And as we work to build clean energy technologies to enable growth, we have yet to fully realize
05:12it.
05:13And as we work to build clean energy technologies to enable growth, we have yet to fully realize
05:14it.