The U.S. Agency for International Development (USAID) and the American Chamber of Commerce in India (AMCHAM India) today announced the signing of a Memorandum of Understanding (MOU) to strengthen the growing partnership between the U.S. Government and U.S. private sector to address India’s development needs.
The announcement comes the same day as the launch of the high-level Indo-Pacific Business Forum in Washington, D.C.
This forum is tasked to bring together key U.S. Cabinet Secretaries and senior leaders from government and business to discuss how government tools and policies can facilitate private sector partnerships.
This forum has the special mandate to unleash the full potential of the Indo-Pacific region, including supporting India’s rise as an important power in a free and open Indo-Pacific.
Both USAID and AMCHAM India said they will collaborate to combine U.S. Government and American private sector resources to address India’s development challenges in various sectors.
Apart from other sectors, they wwill look into development issues relating to maternal and child health; tuberculosis; HIV/AIDS; energy/environment and forestry; water and sanitation; gender and women’s empowerment; and issues concerning youth.
Highlighting the need for this partnership, Mark Anthony White, USAID Mission Director to India, said, “The signing of this MOU not only demonstrates our common desire to address India’s development issues, but also our willingness to collaborate in areas of common interest.
Our relationship with AMCHAM has been nurtured in numerous ongoing projects between USAID’s implementing partners and U.S. companies. This MOU is a natural progression of our relationship and will undoubtedly ensure the continuation of our work in achieving the Government of India’s and USAID’s development objectives.