BR100 Decreased By (-0.73%)
BR30 Decreased By (-0.77%)
KSE100 Decreased By (-0.49%)
KSE30 Decreased By (-0.47%)
BECO 5.77 Increased By ▲ 0.46 (8.66%)
BML 53.00 Increased By ▲ 1.42 (2.75%)
BOP 33.99 Increased By ▲ 0.03 (0.09%)
CNERGY 8.11 Decreased By ▼ -0.20 (-2.41%)
DCL 12.20 Increased By ▲ 0.40 (3.39%)
FCCL 52.83 Decreased By ▼ -0.17 (-0.32%)
FCSC 5.07 Increased By ▲ 0.12 (2.42%)
FFL 17.95 Decreased By ▼ -0.20 (-1.1%)
FNEL 1.29 Decreased By ▼ -0.03 (-2.27%)
HUMNL 10.88 Decreased By ▼ -0.12 (-1.09%)
KEL 8.02 Decreased By ▼ -0.12 (-1.47%)
KOSM 5.52 Decreased By ▼ -0.06 (-1.08%)
MLCF 86.51 Decreased By ▼ -1.37 (-1.56%)
NBP 185.16 Decreased By ▼ -2.53 (-1.35%)
PACE 10.58 Decreased By ▼ -0.23 (-2.13%)
PAEL 39.42 Decreased By ▼ -0.65 (-1.62%)
PIAHCLA 26.22 Decreased By ▼ -0.27 (-1.02%)
PIBTL 16.67 Decreased By ▼ -0.09 (-0.54%)
PPL 228.18 Decreased By ▼ -2.19 (-0.95%)
PRL 34.68 Decreased By ▼ -0.36 (-1.03%)
PTC 65.33 Increased By ▲ 0.82 (1.27%)
SEARL 90.13 Increased By ▲ 0.25 (0.28%)
SSGC 26.60 Decreased By ▼ -0.37 (-1.37%)
TELE 8.28 Decreased By ▼ -0.09 (-1.08%)
THCCL 58.50 Decreased By ▼ -0.58 (-0.98%)
TPLP 8.22 Increased By ▲ 0.04 (0.49%)
TREET 24.53 Decreased By ▼ -0.47 (-1.88%)
TRG 69.71 Decreased By ▼ -0.92 (-1.3%)
WAVES 9.94 Decreased By ▼ -0.07 (-0.7%)
WTL 1.28 Decreased By ▼ -0.01 (-0.78%)
By

NEW DELHI: India and the United States announced progress on key defence deals and said they would expand their growing partnership in the face of geopolitical challenges as their top diplomats and senior ministers met on Friday.

US Secretary of State Antony Blinken and Defense Secretary Lloyd Austin met Indian Foreign Minister Subrahmanyam Jaishankar and Defence Minister Rajnath Singh in New Delhi as part of their annual “2+2 Dialogue”, focused on the Indo-Pacific region.

The two countries which were once on opposite sides of the Cold War are now working on landmark deals including for the US to supply and manufacture engines for Indian fighter jets.

Indian Defence Secretary Giridhar Aramane said that deal between the aerospace unit of General Electric and India’s state-owned Hindustan Aeronautics was on track.

“We are finalising the commercial arrangements and the necessary legal requirements are being put in place,” he told reporters after the talks.

A more than $3 billion deal for India to buy 31 armed drones made by General Atomics is also being processed and India is waiting for the company to get US government clearances for the next steps, Aramane said.

Washington had offered several infantry combat vehicle systems and New Delhi has expressed interest, he added without giving details.

Indian media reports have said the Pentagon has offered the Stryker family of eight-wheeled armoured fighting vehicles produced by General Dynamic Land Systems and that New Delhi is interested in jointly manufacturing them in India. Before the talks, Defense Secretary Austin said it was more important than ever that the world’s two largest democracies exchange views and find common goals “in the face of urgent global challenges”.

Copyright Business Recorder, 2023

Comments

Comments are closed for this article.