BR100 Increased By (0.1%)
BR30 Increased By (0.11%)
KSE100 Increased By (0.04%)
KSE30 Increased By (0.18%)
AGHA 7.72 Decreased By ▼ -0.20 (-2.53%)
BECO 5.19 Decreased By ▼ -0.01 (-0.19%)
BML 58.85 Decreased By ▼ -0.40 (-0.68%)
BOP 33.53 Decreased By ▼ -0.15 (-0.45%)
CNERGY 10.59 Increased By ▲ 0.78 (7.95%)
CSIL 5.31 Decreased By ▼ -0.11 (-2.03%)
FCCL 53.65 Increased By ▲ 0.13 (0.24%)
FFL 16.48 Decreased By ▼ -0.20 (-1.2%)
FNEL 1.23 Increased By ▲ 0.02 (1.65%)
KEL 7.23 Decreased By ▼ -0.12 (-1.63%)
KOSM 5.65 Increased By ▲ 0.04 (0.71%)
LOTCHEM 29.45 Increased By ▲ 0.34 (1.17%)
MLCF 96.27 Increased By ▲ 0.77 (0.81%)
NBP 203.40 Decreased By ▼ -0.95 (-0.46%)
NCPL 56.70 Decreased By ▼ -1.54 (-2.64%)
NPL 67.35 Decreased By ▼ -0.44 (-0.65%)
OGDC 318.35 Increased By ▲ 0.41 (0.13%)
PACE 10.66 Decreased By ▼ -0.05 (-0.47%)
PAEL 41.75 Decreased By ▼ -0.08 (-0.19%)
PIBTL 16.86 Increased By ▲ 0.36 (2.18%)
PPL 220.40 Increased By ▲ 0.66 (0.3%)
PRL 49.05 Increased By ▲ 4.46 (10%)
PTC 70.02 Decreased By ▼ -0.75 (-1.06%)
SSGC 29.05 Increased By ▲ 0.12 (0.41%)
TBL 9.79 Decreased By ▼ -0.05 (-0.51%)
TELE 8.83 Increased By ▲ 0.07 (0.8%)
TPL 17.10 Increased By ▲ 0.65 (3.95%)
TPLP 12.30 Increased By ▲ 0.20 (1.65%)
TREET 22.60 Decreased By ▼ -0.20 (-0.88%)
TRG 60.20 Increased By ▲ 0.17 (0.28%)
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.