English subtitles for clip: File:President Obama and Prime Minister Modi.webm

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President Obama: Well, it is
a great pleasure to welcome

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back my friend Prime
Minister Modi and the

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Indian delegation to
the Oval Office.

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I still have fond memories
of being honored by the

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Prime Minister's invitation
to participate in Republic

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Day celebrations in
India and the incredible

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hospitality and warmth that
was shown by the people of

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India during our visit.

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As the world's two largest
democracies and countries

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with strong bonds between
our peoples, our businesses,

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our scientific and
educational communities,

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it's natural that the United
States and India have

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deepened and broadened our
partnership across a whole

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range of issues.

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In Paris, the joining of
forces between India and the

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United States helped to
forge a historic agreement

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that can effectively deal
with climate change.

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And we discussed how we can
as quickly as possible bring

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the Paris agreement into
force, how we can make sure

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that the climate financing
that's necessary for India

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to be able to embark on the
bold vision for solar energy

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and clean energy that Prime
Minister Modi has laid out

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can be accomplished.

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And the agreements and
memoranda that we reached I

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think reflect the
seriousness with which both

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of us take the
climate change issue.

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We discussed, in addition,
the progress that we've made

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around civil nuclear energy.

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And I indicated our support
for India becoming part of

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the Nuclear Suppliers
Group, the abilities for

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technologies that are
critical to India's

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development and prosperity
being available.

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And we also discussed in
that same context our

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important work together
around the nonproliferation

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of nuclear materials and
technologies that could end

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up falling into
the wrong hands.

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And I very much appreciated
the Prime Minister's very

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effective interventions and
participation in our Nuclear

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Security Summit.

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Of course, a key priority
for both of us is how to

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promote economic prosperity
and opportunity and poverty

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alleviation for our people.

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And we continue to discuss a
wide range of areas where we

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can cooperate more
effectively in order to

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promote jobs, to promote
investment, to promote

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trade, and to promote
greater opportunities for

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our people -- particularly
young people -- in both of

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our countries.

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And we discussed both
towards the end of our

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meeting, as well as -- and
intend to discuss during our

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lunch meeting important
regional and security

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issues, because India and
the United States have a

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shared vision of peace, of
democracy, of countries

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resolving conflicts
diplomatically rather than

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through war.

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And when we work together on
the international stage, we

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can make significant
progress not only on

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traditional security
challenges, but also new

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security challenges like
cybersecurity that are going

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to be increasingly important
in the 21st century.

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So again, I want to thank my
friend Prime Minister Modi

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for his leadership.

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I know that whenever he
visits, it is a source of

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great pride and excitement
not only for the people of

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India, but the remarkable
Indian American community

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here in the United States
that are a symbol and a

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testament of the deep bonds
of friendship and family

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that exist between
our two countries.

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Prime Minister Modi: (As
interpreted.) I, too, would

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like to thank my very close
friend, President Obama, for

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this meeting today.

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We are meeting once again.

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And I'm also grateful to
the Congress of the United

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States for inviting me and
giving me the opportunity to

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address them tomorrow.

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We've had a discussion on a
range of issues, and I think

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it's not just the diplomatic
strength of these

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discussions, but also the
friendliness, the strength

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that comes out of that
that is very important.

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Both India and the United
States have been working

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together, and we will
continue to do so.

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What we have seen over the
last two years is that India

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and the United States have
been cooperating on issues

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that are of global concern.

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And we've been working
shoulder to shoulder to

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achieve results that are of
benefit to the entire world.

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Whether we're talking about
nuclear security, global

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warming, the concerns
with terrorism, the Paris

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agreement -- the initiative
that was taken there -- we

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have been working
shoulder to shoulder.

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And I feel proud that we are
not just two friends and two

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countries that are working
together, we are proud of

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the leadership role that we
have taken on, and we will

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continue to do so.

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Today, we've had a
discussion, as I said, on a

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range of issues.

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We've spoken about taking
our economic relationship to

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new heights.

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We talked about
technical support.

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We have spoken about the
energy sector, about funding

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-- financing for
clean energy.

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We've spoken about
cybersecurity and the fact

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that India also leads a role
as far as the Internet is

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concerned.

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So these are all a range of
issues that we've had very

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good discussions on.

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India is a young country.

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We have a population of 800
million who are below 35

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years of age.

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And, in fact, the United
States is well aware of the

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talent that India has.

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We and the United States
can work together to bring

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forward this talent and
use it for the benefit of

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mankind, to use it for the
benefit of innovations, and

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to use it to achieve new
progress and touch new

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heights.

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We will continue to do
so in the future, too.

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India has made a name
for itself as the

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fastest-growing
economy in the world.

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And India and the United
States are two of the

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world's biggest democracies.

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Both countries need to widen
their cooperation, the scope

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of their cooperation, and
find new areas to cooperate

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in that will assist in
finding solutions for the

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world but also for the
developing nations of the

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world.

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And by that time, I expect
that we would have moved

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Climate justice is also
an issue that we will

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be taking up.

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We also have the MTCR,
we have the Nuclear

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Suppliers Group.

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And the help and support
that my friend President

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Obama has extended is
something that I will always

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cherish and remember.

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Once again, I'd like to
thank you very much.