New York: Pakistan President Asif Ali Zardari is the latest addition to the global fan club of Indian Prime Minister Manmohan Singh, the economist who opened India’s economy in the 1990s and struck a landmark nuclear deal with the US.

“You are the leader of modern India,” Zardari, told Manmohan Singh when he met him on the sidelines of the UN General Assembly in Hotel Millennium Plaza.

The dapper, grey-suited Zardari hugged Manmohan Singh twice and told him that he had always admired him since the economist-turned-politician became the prime minister who opened up India’s fettered economy in the 1990s.

Manmohan Singh, on his part, congratulated Zardari on his election and “the victory of democracy in Pakistan.” More than 20 years his senior, Manmohan Singh expressed the hope that this would pave the way for “a profound transformation of the bilateral relationship.”

The two leaders met at Hotel Millennium Plaza - a few blocks away from the UN headquarters - for the first time since Zardari became president.

They held talks for nearly 45 minutes sans aides.

Joint Press Statement

Following is the Joint Press Statement after the meeting between Prime Minister Manmohan Singh and Pakistan President Asif Ali Zardari in New York: “The President of Pakistan and the Prime Minister of India met during the 63rd UNGA session in New York.

Prime Minister Singh congratulated President Zardari on his election and the victory of democracy in Pakistan.

He expressed the hope that this would pave the way for a profound transformation of the bilateral relationship, so that India and Pakistan could work together on their shared objectives of peace, prosperity and security.

Both leaders welcomed the several positive outcomes of the four rounds of the Composite Dialogue, which have brought their people, businesses and institutions closer, while permitting sustained efforts to be made to resolve all outstanding issues; these gains need to be consolidated.

They agreed to work for an early and full normalization of relations between India and Pakistan, on the basis of mutual respect, peaceful coexistence and non-interference.

Both leaders acknowledged that the peace process has been under strain in recent months.

They agreed that violence, hostility and terrorism have no place in the vision they share of the bilateral relationship, and must be visibly and verifiably prevented.

Severe action would be taken against any elements directing or involved in terrorist acts. President Zardari reassured Prime Minister Singh that the Government of Pakistan stands by its commitments of January 6, 2004.

Both leaders agreed that the forces that have tried to derail the peace process must be defeated. This would allow the continuation and deepening of a constructive dialogue for the peaceful resolution and satisfactory settlement of all bilateral issues, including Jammu and Kashmir.

The two leaders agreed that:

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