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He stressed that at the global level, our approach to the environmental sustainability should be guided by equitable burden sharing.

During the year 2007, the basket of US imports to India included exceptionally large imports of aircraft /parts, which resulted in a leap in the growth rate of US exports to 54.7%.

It was an active participant in the process leading up to and culminating in the convening of the United Nations Conference on Environment and Development in Rio de Janeiro in June 1992 and the Earth Summit held in Johannesburg in 2002.

India attaches high importance to the outcome of the historic Rio 20 Conference in June 2012.

Noting the importance of giving practical shape and content to the sustainable development architecture in a manner that allows each country to develop according to its own national priorities and circumstances, Prime Minister emphasized that "those living at the subsistence level cannot bear the costs of adjustment and their livelihood considerations are important in determining how scarce natural resources such as land, water and forests are used”.

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