Search Result for : Special Strategic Partnership

The Dollar Business Bureau The US President urged the Indian Prime Minister to relax the trade barriers in order to reduce their trade deficit. Speaking to the media at the historic Rose Gardens in the White House both the leaders appeared to be at ease with one another and read out statements that portrayed the importance of a  strong US-India relationship. Watched by the world media, both the leaders stressed the strong commitment being made towards bilateral relations.  Prime Minister Modi said, “I deeply appreciate your strong commitment to the enhancement of our bilateral relations. I am sure that under your leadership a mutually beneficial strategic partnership will gain new strength, new positivity, and will reach new heights."  President Trump during his address made it ...

The Dollar Business Bureau After fruitful negotiations between India and Russia as a part of the India-Russia Military Industrial Conference, two agreements were signed between Hindustan Aeronautics Limited (HAL) and United Aircraft Corporation and United Engine Corporation of Russia for long-term technical assistance and spare parts required to service the Russia-originated Su -30 MKI aircraft.  Russia has broadly agreed to enter into joint ventures with Indian manufacturers for a seamless supply of spare parts and components necessary to maintain operational readiness of Russian-origin defence platforms used by the Indian Army.  This positive development was brought about even as Defence Minister Arun Jaitley, in his inaugural speech, called upon Russian firms to extend defence cooperation with India in manufacturing, by sharing defence technology. This is deemed to be essential for the upkeep and up gradation of Russian defence equipment in India's ...

 The Dollar Business Bureau India and South Korea on Monday agreed to upgrade the bilateral relationship to a “Special Strategic Partnership”. The two sides have decided to renew the existing cooperation in the areas of defence, foreign affairs, trade and investment, science and technology, and regional cooperation. Indian Prime Minister Narendra Modi and Park Geun-hye, President of South Korea, also agreed for cooperation in many other areas. While President Park informed the Indian prime minister about his country’s Northeast Asia Peace and Cooperation Initiative (NAPCI), the latter welcomed South Korea’s desire to enhance cooperation and security among countries of the Asia-Pacific region. Both the sides agreed to work together and achieve shared goals through India’s Act East Policy and ...