Indo-US new defence framework to ease technology transfer
Sai Nikesh | The Dollar Business India and the United States, as a part of defence cooperation, have finalized a new framework agreement which would be a replacement to the existing deal, that was supposed to expire in June 2015. The new defence framework is expected to facilitate synchronization between the armed forces of the two countries, along with creating a larger scope for technology transfer in defence between the two economies. According to the defence reports, the deal will make the process easier for American firms to share their military technology with India and also actively participate in manufacturing of weapon systems jointly with India. Meanwhile, the Union Defence Minister, Manohar Parrikar, said that a dialogue has been ...
