Union Home Secretary G.K. Pillai signed for India and US Ambassador Timothy J Roemer signed on behalf of the USA.
The India-US Counter Terrorism Cooperation Initiative seeks to further enhance the cooperation between two countries in counter terrorism as an important element of their bilateral strategic partnership.
The initiative provides for strengthening capabilities to effectively combat terrorism, promotion of exchanges regarding modernization of techniques, sharing of best practices on issues of mutual interest, development of investigative skills and promotion of cooperation between forensic science laboratories.
It also calls for establishment of procedures to provide mutual investigative assistance, enhancing capabilities to act against money laundering, counterfeit currency and financing of terrorism, exchanging best practices on mass transit and rail security.
The two nations also pledged to increase exchanges between Coast Guards and Navy on maritime security.
The new agreement was an initiative taken by Prime Minister Dr Manmohan Singh during his visit to US in Nov 2009.