Wednesday 22 January 2020
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business-standard - 2 month ago

India-US partnership evolving fast: Shringla

The bilateral relationship between India and the United States is evolving fast both in the strategic and economic domains, India s top envoy to the US said, ahead of the 2+2 ministerial level dialogue on December 18. Inherent in India s growth story is a natural partnership with the United States. This partnership is evolving fast both in strategic and economic domains, India s Ambassador to the US Harsh Vardhan Shringla told students and faculty of the Harvard Kennedy School in Cambridge, Massachusetts, on Friday. Our defense procurement relationship has gone up from almost nil 15 years ago to nearly 20 billion today. India is now a major defense partner of the United States. We have signed a number of foundation agreements and our militaries exercise regularly with each other, he said. India-US bilateral trade, he said, has been growing at 10 per cent year-on-year basis to reach USD 142 billion in 2018 and has also become more balanced, Shringla said. The investment ...

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