The U.S.-India relationship has found new momentum in the midst of deepening strategic and economic cooperation, U.S. Ambassador to India Richard Verma told a Stanford audience on Friday.

“It’s not a hyberbole to say the relationship has soared over the past year,” Verma said to a crowded room in Encina Hall. The title of Verma’s talk was “Why India Matters.”

His visit to campus, organized by Stanford’s Walter H. Shorenstein Asia-Pacific Research Center in the Freeman Spogli Institute for International Studies, was part of a multi-day trip to the United States.

Arriving from Washington, D.C., he attended the first-ever U.S.-India Strategic and Economic Dialogue earlier that week. The meeting of Indian and American delegations was “hugely successful,” said Verma, who assumed his diplomatic post in January, following Kathleen Stephens, who is now is at Stanford as a distinguished fellow.

Verma was also in the Bay Area to accompany Prime Minister of India Narendra Modi during his visit to Silicon Valley, the first Indian head of state to visit the area since 1978. Prime Minister Modi used his visit to promote a vision of “Digital India,” tying Indian growth to the spread of information technology to all levels of Indian society, driven in part by investment from the technology industry in the United States. Leader of the Bharatiya Janata Party, Modi unseated one of the longest-serving governments in a landmark May 2014 election. He has won high public approval ratings and is one of the most followed public figures on Twitter.

Modi and President Obama have been a driving force behind the two countries’ growing alignment toward combatting global challenges, Verma told the audience. The two leaders share a “certain level of chemistry,” he said.

Obama and Modi held two summits within a four-month time period. And that, Verma said, “drives the governments to come together in a way that they might not ordinarily do.”

Verma noted the strategic overlap between the U.S. “rebalance to Asia” policy and India’s “Act East” policy, both of which commit the two countries to focus defense and economic commitments on the Asia-Pacific region. He praised rapid progress in security cooperation between the two powers, including growing sales of American defense technology to India.

On the strategic side, summit outcomes have included the creation of a joint-vision of cooperation and set up phone hotlines between the heads of state and their national security advisors.

The United States now looks upon India as a “net security provider in South Asia” and supports an increased role for India in international institutions, Verma said.

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Asked about how Russia fits in, Verma acknowledged that historically there “has been a close relationship between New Delhi and Moscow. Not one or two or three years, but for decades.” But the U.S. envoy added “we don’t see that as somehow being inconsistent with a close relationship with the United States.”

On the economic side, the two leaders have committed two of the world’s largest economies to increase bilateral trade– from $100 to $500 billion – and meet for an annual economic dialogue.

Modi campaigned on a commitment to reform the economy and eradicate corruption.

However, the pace of economic reform in India has not gone as quickly as the United States would have hoped, and corruption remains an issue across India and South Asia, Verma said.

Answering a question from the audience, Verma pointed to anecdotal evidence of progress from American business in the removal of obstacles to growth from corruption. “There’s obviously a long way to go but my sense is it’s a big priority not only for the prime minister but for the people.”

Although India is modernizing, it still has a number of big-ticket development issues to tackle. Today, 300 million people don’t have access to electricity. And with over 1.2 billion people, India’s size makes it near impossible to implement sweeping change in a short period of time.

The scale of India, alone, motivates the United States to work with India, a nation that will play a “consequential role for decades to come,” Verma said. “When these two countries come together they can have a big impact on peace and prosperity across the world.”

Assessing the relationship potential for the longer-term, Verma said India and the United States’ are rooted in similar values and share diaspora communities. Support for a close U.S.-India relationship is widely expressed in the Congress, from both parties and the Ambassador anticipates the coming U.S. election will not bring any change in that commitment.

A growing number of Americans are choosing to study in India and a similar pattern is being seen in Indians coming to study in the United States. Last year, about 130,000 Indian students studied in the United States. In 2005, that number was only 30,000.

“Fundamentally, I’m optimistic because the people-to-people relationship is so strong,” Verma said.

Chinese President Xi Jinping arrived in the United States last week for his first state visit. Maintaining a busy schedule, Xi met with President Obama at the White House, technology leaders in Seattle and the United Nations General Assembly in New York.

In Washington, Xi and Obama agreed to create a common vision toward a climate agreement at the Paris summit ‘COP21’ later this year and further establish shared norms in the area of cyberspace, according to a report from the White House.

Two Stanford scholars offer their analysis of Xi’s visit in a Q&A. Thomas Fingar discusses outcomes from the Chinese leader’s summit with Obama. Recently returning from Beijing, Karl Eikenberry offers his views on the media and reactions that occurred in China during the week preceding Xi’s visit.

Q&A: Thomas Fingar

Thomas Fingar is a China expert and a distinguished fellow at Stanford’s Freeman Spogli Institute for International Studies. He is a former deputy director of national intelligence for analysis and previously served as the director of the Office of Analysis for East Asia and the Pacific in the U.S. Department of State.

Coming out of the meeting, where do China and the United States stand on climate change?

China and the United States have declared a willingness to work together on climate change, further than in the past. At their meeting, Xi and Obama agreed to build upon agreements announced last November that proclaim a common vision for the upcoming Paris meeting on climate change. Taken together, these statements mark a dramatic reversal of the antagonism between China and the United States at the 2009 talks in Copenhagen. It sends a strong signal that China and the United States are prepared to cooperate.

Moreover, other countries should no longer fear that their own efforts will be negated by disagreement between the two largest producers of greenhouse gases. They can no longer excuse their own inaction by claims that any potential international agreement on climate change would be vetoed by either China or the United States. The message is — it’s time to get serious.

Was there any progress on cybersecurity issues?

Obama and Xi committed to mitigate malicious cyber activity from their national territory and to refrain from targeting critical infrastructure in peacetime. The former is more significant than the latter. But of course the proof of significance will be how—and how quickly—it is implemented.

However, what is worth noting is the restraint on cyber targeting of infrastructure declared by the United States and China. The two leaders agreed to bring that arena within the purview of the United Nations. It’s a step toward the establishment of an international control regime for cyberspace. Such a regime is badly needed and would be a concrete example of how the two countries can work bilaterally, and multilaterally, to update the global order and address 21^st century challenges.

Would you say Xi's trip was a success?

We won’t know how important any of the agreements from Xi’s visit are until we see how they are implemented. Rather than carp about the failure to adopt detailed and binding commitments, however, we should recognize and applaud the fact that the state of U.S.-China relations is less fraught and more future-focused than pessimists maintain.

This is an excerpt of a larger piece written by Thomas Fingar.

Q&A: Karl Eikenberry

Karl Eikenberry is the director of the U.S.-Asia Security Initiative and a distinguished fellow at Stanford's Freeman Spogli Institute for International Studies. Eikenberry is a former U.S. ambassador to Afghanistan and, among other positions, served as defense attaché at the U.S. Embassy in Beijing.

How do the Chinese view Xi’s visit?

Chinese state media coverage was intense – far greater than had appeared in the United States Every detail of Xi’s itinerary and exhaustive analyses of the issues likely to be discussed between the two presidents dominated the news. Interestingly, the state media reporting tended to emphasize the hosting arrangements, supportive of President Xi’s desire to place China within the Asia-Pacific Region and globally on an equal footing with the United States.

Whereas U.S. Government leaders hope for specific security and economic agreements – so-called “deliverables” – with China during this visit, Xi and his team place more of a premium on being accorded respect. The Chinese media is an arm of the communist party, and reinforces the party’s goals in its reporting of major issues.

How important do Chinese leaders and the people consider the visit?

I was asked during an interview with Chinese television if this visit was as significant as that of Deng Xiaoping’s visit to the United States in 1979. That event had great historical meaning as it signaled Deng’s commitment to “open up” China after decades of relative isolation. President Xi’s visit can’t be compared with Deng’s in a historical sense. And yet, China has come along way since 1979.

When Deng visited the United States, China was a poor country. Now China is approaching middle-income country status and its GDP is the second largest in the world. President Xi was feted in Seattle this week by the captains of America’s IT industry and accompanied by China’s own IT captains. I expect Deng never could have imagined such a development even in his most optimistic moments.

China’s rapid growth over the past 35 years has been enabled by that country’s integration into the global economic and financial markets, and by an extended period of peace and stability in the Asia-Pacific region. The United States, in turn, has played a decisive role in ensuring these favorable conditions have existed.

Almost everyone I met during my recent Beijing trip expressed concern that Sino-American relations are becoming more punctuated by disputes, such as over maritime and cyber issues. China’s leaders and its people recognize that their country faces a daunting array of political, economic, and security problems that will be difficult to solve if world trade and stability in the Asia-Pacific region are disrupted, likely developments if the United States and China should ever enter into a period of confrontation. So I think that most Chinese are hoping that President Xi’s visit can help put U.S.-China relations on a more positive trajectory.

How would you critique Chinese media coverage of Xi’s visit?

I would give it mixed reviews. In terms of thoroughness, I give it good marks. Frankly, the average Chinese citizen – at least in urban areas – knows far more about this event than the average American citizen. On the other hand, China state media has a strong tendency to downplay America’s concerns about China’s policies – this is worrisome.

For example, I watched China Central Television (CCTV)’s coverage of National Security Advisor Susan Rice’s Sept. 21 speech on U.S.-China relations. The report showed all of the positive parts of Rice’s speech, but very few of her criticisms. This leads the Chinese people to have unrealistic expectations about Sino-American relations, and worse, to entirely blame the United States when inevitable setbacks occur.

There is also a bit of irony worth mentioning. President Xi agreed to provide answers to questions submitted by The Wall Street Journal. The questions were published in that newspaper on the eve of Xi’s trip. The next morning, I was watching CCTV and listened as a presenter read Xi’s answers verbatim. But I was perplexed, because I thought The Wall Street Journal’s website, like several other western publications, was blocked due to its tendency to occasionally restrict print news that the communist party deems unfit to print. I tried to connect online to The Wall Street Journal and quickly discovered the site was indeed blocked. CCTV, apparently, had not gotten the word.