India, US renew global development partnership deal for 5 years

India and the US on Friday renewed for another five years a global development partnership agreement that provides for jointly offering assistance to their partner countries in areas of connectivity, trade and investments, healthcare and agriculture.
Both sides signed the second amendment to the Statement of Guiding Principles (SGP) on Triangular Cooperation for Global Development, the Ministry of External Affairs said. The SGP agreement was signed in November 2014 and the fresh amendment extended the pact's validity up to 2026.