India and the US signed the Second Amendment to the Statement of Guiding Principles on Triangular Cooperation for global development. The SGP Agreement, signed in November 2014, underscores the contribution of India-US partnership to global stability and prosperity. It provides a framework for promoting cooperation between the two countries to meet the developmental aspirations of partner countries, particularly in Asia and Africa.

The Second Amendment to the SGP Agreement, signed today, extends the validity of the SGP Agreement up-to 2026. It expands the scope of capacity building activities undertaken jointly by India and the United States under this framework. It also provides a consultative mechanism for joint biannual monitoring and review of activities undertaken under the SGP.

Source: AIR