What are the core components of the U.S.-India COMPACT?

Accelerated Commerce and Strategic Technology: A major focus is placed on strengthening collaboration between Indian and U.S. entities across cutting-edge technologies. Key sectors targeted for collaborative innovation include artificial intelligence (AI), space exploration, biotechnology, semiconductors, and cybersecurity.

Energy Security and Civil Nuclear Energy: Under the COMPACT, the two nations committed to an ambitious energy partnership to satisfy India's growing economic needs. This includes increasing bilateral trade in oil and gas, launching the Strategic Mineral Recovery initiative (to recover critical minerals like lithium and cobalt from heavy industries), and collaborating on civil nuclear energy with a specific emphasis on small modular reactors (SMRs).

Targeted Strategic Initiatives: Following the launch of the COMPACT, detailed inter-agency tracks were established to execute specific strategic programs, most notably:

The Indian Ocean Strategic Venture.

Deepened counter-terrorism coordination and information sharing.

Multilateral Alignment: COMPACT acts as a mechanism to streamline and coordinate U.S.-India cooperation through key regional and global frameworks, including the Quad, I2U2, and the India-Middle East-Europe Economic Connectivity Corridor (IMEEC).