English subtitles for clip: File:The President Meets with the Prime Minister of India at the U.N..webm

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The President: Well, it is
a great pleasure to meet

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once again with my good
friend, Prime Minister Modi.

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Our meeting builds on the
progress that was made

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during the wonderful visit
that I was able to make to

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India, to the Prime
Minister's invitation, and

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the historic participation
that I had with Republic Day.

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We've elevated our ties.

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We've committed ourselves to
a new partnership between

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our two countries.

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And there's been excellent
follow-through on a whole

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range of issues.

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Much of our discussion today
focused on the upcoming

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climate conference in Paris.

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We agreed that this is a
critical issue for the

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world; that all of us
have responsibilities.

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We are encouraged by the
aggressive nature of

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Prime Minister Modi's
commitment to clean energy.

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And what I indicated to the
Prime Minister is that I

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really think that India's
leadership in this upcoming

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conference will set the tone
not just for today but for

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decades to come.

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And I have great confidence
in our ability to partner

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with other large countries,
like China, and the European

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Union's efforts in order for
us to really solve this

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problem in a significant way
that will help not just our

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people, but I think can
actually be an engine of

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growth over the long term.

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We also had a chance to talk
about trade and investment,

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where our governments and
business leaders met again

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last week to forge new
partnerships to create jobs

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and opportunities for
Indians and Americans.

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Prime Minister Modi has
called on the Indian

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diaspora in the United
States, which is very large

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and very successful, to
contribute their talents to

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India's progress.

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And that's something
that we welcome.

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And we discussed how we can
further refine our strategic

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vision -- our common joint
vision moving forward for

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security and partnerships.

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And that encompasses
everything from scientific

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exchanges and educational
exchanges, to security

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cooperation and defense
procurement.

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On all these issues, the
Prime Minister has been an

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outstanding partner, and it
reflects the fact that as

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the two largest democracies
in the world -- or two of

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the largest democracies in
the world, we have an

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opportunity to help to
define a common set of

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principles that are
consistent with what the

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United Nations believes and
are consistent with what

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both India's and the United
States' founders believed --

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that governments are there
to serve their people and to

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provide uplift and
prosperity to everyone.

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And in my interactions with
Prime Minister Modi, I have

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to say that those ideals are
ones that he not only gives

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lip service to but
he also acts on.

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And so we very much
appreciate his friendship

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and his partnership.

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Prime Minister Modi:
President Obama, members of

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the media, it is a
great pleasure to meet

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President Obama in New York.

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Thank you for your --
hosting this meeting.

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I deeply value our
friendship and your vision

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and commitment for the
relationship between our

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two countries.

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We have achieved significant
progress in our bilateral

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cooperation and
international partnership.

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I was in Silicon Valley over
the weekend; I experienced

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the strength of American
innovation and enterprise

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that provide the foundation
of American success.

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I also the driving force of
our relationship -- youth,

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technology and innovation --
and the natural partnership

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of Indian and Americans in
advancing human progress.

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California also reminds us
that India and the United

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States are part of the
dynamic Asia Pacific region.

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Many of the problems that
world faces today and the

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global challenges that we
see ahead, our partnership

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is a great significance for
us and our world.

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We can apply innovation and
technology by achieving

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sustainable development
goals, including combatting

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climate change and
conserving nature.

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The President and I share an
uncompromising commitment on

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climate change without
affecting our ability to

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meet the development
aspirations of humanity.

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We have both set ambitious
national agendas.

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In India, our agenda
includes not just a plan to

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have 175 gigawatt of
renewable energy by 2022,

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but a development strategy
that will enable us to

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transition to a more
sustainable energy mix.

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This is an exercise we are
undertaking in the spirit of

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our culture and tradition,
but also because of our

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commitment to the
future of this planet.

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Our extraordinary bilateral
partnership in the energy

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sector focus on clean and
renewable energy and energy

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efficiency.

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I also thank President Obama
for his positive response to

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my call for a global public
partnership for developing

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affordable clean-energy
source.

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And that will enable faster
eruption of clean energy

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across the world.

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We should work together to
advance the goal.

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And it is equally important
to develop mechanisms to

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ensure that the affordable
also become accessible to

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those who need it the most.

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We look forward to
comprehensive and concrete

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outcome in Paris with a
positive agenda on

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combatting climate change
which also focuses on access

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to finance and technology
for the developing world,

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especially the poor
countries and small island

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states.

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I thank President Obama
for the U.S. support for

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India's permanent
membership of a reformed

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U.N. Security Council.

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I also sought the U.S.

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support to complete the
reform process within a

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fixed timeframe.

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I expressed our appreciation
for continued U.S.

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support for India's
membership of the

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International Export Control
Regimes within our targeted

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timeframe.

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Our partnership addresses
a broad range of strategic

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and security concerns.

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Our defense cooperation,
including defense training,

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is expanding.

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As extremist terrorism
threats grow and new ones

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emerge, we have resolved to
further deepen cooperation

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on counterterrorism and
radicalism.

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We have just had a successful
cybersecurity dialogue.

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We have agreed to further
strengthen our consultation

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and cooperation on helping
the Afghan people combat

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terrorism and build a
peaceful, stable and

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prosperous future
of their nation.

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I welcome the progress in
giving shape to our joint

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strategic vision on our Asia
Pacific and Indian Ocean

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region, and also our joint
engagement with regional

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partners like Japan.

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This will also strengthen
our maritime security

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cooperation.

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To further increase our
strategic engagement in the

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region, I look forward to
work with the U.S.

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for India's membership of Asian
Pacific Economic Community.

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Our economic partnership is
a key driver of our

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relationship.

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I had an excellent meeting
with business leaders in

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New York and San Jose.

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I'm very pleased with the
confidence in India, and

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value their constructive
feedback and suggestions.

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We will also continue to
work towards a stronger

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bilateral framework of
economic cooperation,

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including the Bilateral
Investment Treaty and

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Globalization Agreement.

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This meeting and my
engagement in the U.S.

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demonstrate the
extraordinary depth and

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diversity of our
relationship.

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Our meeting today was very
productive in advancing some

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of our immediate priorities
and also our broader

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strategic partnership.

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Thank you.

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The President: Thank you.