Following is the text of US President George W Bush's welcome address.
We meet as leaders of two great democracies committed to working together, for a better and safer world. Your visit reflects the growing bonds of cooperation between your nation and mine. Our nations have ties that are strong and warm.
These ties are enriched by hundreds of thousands of Americans of Indian origin who contribute so much to America's vitality. Our peoples share the bonds of friendship and a commitment to prosperity, peace and regional stability.
As diplomatic partners, we are confronting global terrorism in our nations and abroad. As economic partners, we are working around the world to displace hatred and violence with prosperity and hope and optimism.
India's embrace of democracy and human rights has ensured that its great diversity will remain a national strength. Since enacting its economic reforms in the early 1990s India has become an emerging economic power to the betterment of its people.
The relationship between our two nations has never been stronger, and will grow even closer in the days and years to come. This transformed relationship was seen vividly in the response to the December 26 tsunami disaster that devastated parts of Asia.
US and India have built a relationship of great potential. As we face this century's challenges, we look forward to building and expanding this relationship to lay the foundation for peace and prosperity for our children and grand children.