What benefit did PM Modi's trip to Egypt and America bring India? Recognise the agreements that were made

 

What benefit did PM Modi's trip to Egypt and America bring India? Recognise the agreements that were made

Following the conclusion of his trips to Egypt and the United States, Prime Minister Narendra Modi inked a number of agreements and arrangements with each nation. PM Modi stated that India will always support peace and continue to contribute to the advancement of the world during this time.

In Delhi. On Sunday, PM Narendra Modi (PM Narendra Modi) arrived back in India after a state visit to Egypt and the United States. On the one hand, very significant agreements have been struck with Egypt in various areas, such as agriculture, while conversations and agreements have taken place with America on defence, space, and other topics. When PM Modi arrived in America, he met with President Joe Biden in private. During his first state visit, India and the US signed a number of agreements regarding trade, technology transfer, semiconductor deals, 5G and 6G telecommunications, and the promotion of technology in the areas of open source-based telecommunication networks, quantum computing, and advanced computing.

The defence industry will grow as a result of the biggest agreement between India and America.

The biggest transaction between India and the United States was completed during Prime Minister Narendra Modi's visit to the United States in the area of defence. General Electric (GE) of the United States and Hindustan Aeronautics Limited (HAL) have signed a Memorandum of Agreement (MoA). This will result in the defence industry's long-awaited development. India would be able to obtain the most cutting-edge jet engine technology from America thanks to this deal. Both nations will gain from a joint jet engine F 414 manufacturing facility.

Going to America will be simple because the government has taken action.

According to US Vice President Joe Biden, the US government would make it simpler for Indian employees to obtain and renew US visas. The renewal of domestic visas will be a test project.

A semiconductor agreement between the two countries

The US company Micron Technology is making a significant investment. Gujarat will be the site of this company's semiconductor assembly and testing facility, which will cost a total of $ 2.75 billion (Rs 22,540 crore). The two leaders praised Lam Research's proposal to train 60,000 Indian engineers in order to hasten the country's manpower and educational advancement in the semiconductor industry. They also applauded Applied Materials Inc.'s statement that it will invest $400 million in the creation of a collaborative engineering centre.

meeting with the Egyptian president

President Abdel Fattah al-Sisi and PM Modi signed a significant collaboration in the areas of commerce, business, and energy in Cairo during the latter's state visit to Egypt. discussed how to make the strategic alliance between the two nations even stronger.

PM Modi visited Egypt and concluded four significant deals there

A Memorandum of Understanding (MoU) between India's Prime Minister Narendra Modi and Egypt's President Abdel Fattah al-Sisi has been signed. Prime Minister Modi's visit to Egypt resulted in the signing of four significant accords. The two nations have a signed strategic partnership. A memorandum of understanding was also signed for the preservation and protection of the agricultural sector and historical sites.