The US administration made it clear that US is committed to strengthen its partnership with India. The US Undersecretary Of Defense For Acquisition And Sustainment Ellen M Lord said this.
“Bilateral defence trade, essentially zero in 2008, will reach an estimated $.18 billion later this year,” she told reporters at the Pentagon.
“All of these examples show how the United States and India are working bilaterally and in cooperation with other like-minded partners to advance our shared vision for the Indo-Pacific,” Lord said.
She said the US granted the India Strategic Trade Authority Tier 1 designation last August, providing India with greater supply-chain efficiency by allowing American companies to export a greater range of dual-use and high-technology items to India under streamlined processes.
This grants India the same authorization as NATO allies Japan, South Korea and Australia, she added. The US Senate, in June, passed a legislative provision that brings India at par with America’s NATO allies and countries like Israel and South Korea for increasing defence cooperation.
The ninth India-US Defence Technologies and Trade Initiative or DTTI group meeting will start in New Delhi next week.
Post Your Comments