Originally posted by the Voice of America. Voice of America content is produced by the Voice of America, a United States federal government-sponsored entity, and is in the public domain. US, India to Promote Shared Vision of Peace, Prosperity Obama, Singh discuss trade, Pakistan, Kashmir among various issues VOA News 08 November 2010 Photo: AP U.S. President Barack Obama, left, is greeted by Indian Prime Minister Manmohan Singh, second left, as first lady Michelle Obama is received by Singh's wife Gursharan Kaur, right, in New Delhi, India, Sunday, Nov.7, 2010. The United States and India are promising to strengthen their bond to promote a shared vision of peace and prosperity in Asia and around the world. U.S. President Barack Obama and Indian Prime Minister Manmohan Singh spoke after meeting in New Delhi Monday, with both repeating assertions by Mr. Obama that the U.S.-India relationship will help define the 21st century. The two leaders outlined a series of new agreements Monday aimed at cracking down on terrorism, sharing intelligence and preventing the spread of nuclear weapons. They said other agreements are designed to boost trade and investment between the two countries. Mr. Obama also repeated an offer to help India reduce tensions with Pakistan, but said the U.S. cannot impose a solution. He also expressed hope that India and Pakistan will be able to find ways to reduce tensions in Kashmir, a region claimed by both countries. India blames Pakistan for fostering Islamic extremists who carried out the 2008 Mumbai terror attacks, which killed more than 160 people. Mr. Singh said he would welcome talks, but engage in discussions with Islamabad as long as Pakistan's "terror machine is as active as ever before." Mr. Obama said the U.S. and India also agreed on the need for all nations to work together to make sure terrorists are no longer able to find safe havens anywhere in the world. He said he would address New Delhi's desire for a permanent seat on the United Nations Security Council when he addresses India's parliament later Monday. During the news conference, the two leaders also sought to dispel concerns that a series of new trade deals will benefit one country over the other. Indian Prime Minister Singh said the new trade agreements with the United States are vital to maintaining India's economic growth rate and lifting many of its citizens out of poverty. He also said India is not in the business of stealing jobs from the U.S., responding to a question about concerns about U.S. companies sending jobs to India, a process commonly called outsourcing.  Mr. Obama also praised the new agreements, saying they are vital to restoring balance in global trade. Both leaders also spoke about expanding cooperation in the development of clean energy and higher education. The U.S. president's four-day visit to India ends Tuesday. Mr. Obama will next visit Indonesia on his 10-day Asian tour. He lived in Indonesia during part of his childhood.  The U.S. president has twice postponed previous trips to Indonesia, and ash spewing from Indonesia's Mount Merapi volcano has caused some international airline to cancel flights to and from Jakarta. But U.S. officials said Monday Mr. Obama still plans to proceed with the visit. From Indonesia, Mr. Obama travels to South Korea for the summit of leaders of the world's 20 biggest economies. The president is expected to raise the issue of China's tight control of its currency, which many lawmakers and business leaders say makes Chinese goods cheaper to sell on world markets. Mr. Obama is also hoping to announce progress on the long-stalled U.S.-South Korea free trade agreement.  President Obama will also visit Japan. Some information for this report provided by AP, AFP and Reuters. .