India biggest US partner in South Asia, says American official

“With India, which of course is our biggest partner in South Asia, we launched in January of last year the US-India Initiative on Critical and Emerging Technology. We call this iCET,” Akhter said.

The goal is to build a resilient semiconductor supply chain, elevate space cooperation, and partner on the next generation of telecommunications – so, again, a really ambitious initiative to build cooperation on critical and emerging technologies with India, she said on Wednesday.

The US is also advancing regional resilience to transnational threats.

“We want to talk about it in terms of our work on infrastructure or – and climate change and responding to pandemics. So under the Partnership for Global Infrastructure and Investment, which is another initiative we announced recently, we’re working with India to deploy multi-billion-dollar climate infrastructure and a new fund that will include a USD 500 million investment contribution from our Development Finance Corporation,” she said

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