POTUS ends his trip to India on a high note
President Obama ended his three-day trip to India on a high note. On Tuesday, President Obama and First Lady Michelle Obama spent their last day attending the 66th Republic Day Parade, which celebrates the first day that India’s Constitution officially became law.
Mr. and Mrs. Obama’s attendance at the event was the first ever by any U.S. president and First Lady.
After attending the event, President Obama did a joint press conference with Prime Minister Narendra Modi.
During the press conference, President Obama announced a $4 billion plus trade and investment deal with India.
The deal includes a $1 billion investment from the Export-Import Bank for “American Made” products to be shipped and sold in India.
The deal also includes a loan from OPIC, which totals greater than $1 billion, to small and mid-size businesses in India; as well as a $2 billion investment from the U.S Trade and Development Agency for “renewable energy.”
President Obama tweeted Prime Minister Modi and thanked the prime minister “for a memorable visit” and “the Indian people for their warm welcome.”
Prime Minister Modi tweeted back that President Obama’s visit had “taken” the “India-USA” relationship “to a new level and opened a new chapter.”
Modi also tweeted that he had given President Obama some parting gifts which included a 1957 recording by famed Opera Singer Marian Anderson and an “Original Commemorative stamp” that is dated January 26, 1950.
Mr. and Mrs. Obama’s attendance at the event was the first ever by any U.S. president and First Lady.
After attending the event, President Obama did a joint press conference with Prime Minister Narendra Modi.
During the press conference, President Obama announced a $4 billion plus trade and investment deal with India.
The deal includes a $1 billion investment from the Export-Import Bank for “American Made” products to be shipped and sold in India.
The deal also includes a loan from OPIC, which totals greater than $1 billion, to small and mid-size businesses in India; as well as a $2 billion investment from the U.S Trade and Development Agency for “renewable energy.”
President Obama tweeted Prime Minister Modi and thanked the prime minister “for a memorable visit” and “the Indian people for their warm welcome.”
Prime Minister Modi tweeted back that President Obama’s visit had “taken” the “India-USA” relationship “to a new level and opened a new chapter.”
Modi also tweeted that he had given President Obama some parting gifts which included a 1957 recording by famed Opera Singer Marian Anderson and an “Original Commemorative stamp” that is dated January 26, 1950.
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