SECOND AMENDMENT TO THE STATEMENT OF GUIDING PRINCIPLES (SGP)

July 31, 2021

India and the US signed the Second Amendment to the Statement of Guiding Principles on Triangular Cooperation for global development.

Background

  • 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.

  • This triangular cooperation with the US will complement India’s other ongoing and future development partnerships, capacity building and technical assistance with countries globally.