Your SlideShare is downloading. ×
India business economy
Upcoming SlideShare
Loading in...5

Thanks for flagging this SlideShare!

Oops! An error has occurred.


Introducing the official SlideShare app

Stunning, full-screen experience for iPhone and Android

Text the download link to your phone

Standard text messaging rates apply

India business economy


Published on

Published in: Economy & Finance, Technology

1 Comment
  • Be the first to like this

No Downloads
Total Views
On Slideshare
From Embeds
Number of Embeds
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

No notes for slide


  • 1. India & The US Strengthening The Strategic Partnership Presentation by FICCI for USIBC Defense executive Mission
  • 2. Commonality of Interests drives Indo-US Strategic Partnership
      • Maintaining peace and stability in Asia
      • Countering international terrorism and counter insurgency.
      • Maintaining freedom and security of the sea lanes in the region and
      • Preventing proliferation of weapons of mass destruction
      • With this a new context and impetus to drive the bi-lateral strategic relationship was created
  • 3. Diplomatic Exchanges
    • The rise in frequency of diplomatic exchanges are driving the strategic relations
  • 4. Some High Level Visits
    • From India
    • Prime Minister Vajpayee
    • Deputy Prime Minister Shri Advani
    • Defense minister George Fernandez
    • National Security Advisor, Brijesh Mishra
    • From USA
    • Secretary of State Colin Powell
    • Defense Secretary Donald Rumsfeld
    • Commander-in- chief Pacific Admiral Blair
    • Joint Chiefs of Staff both former and present Generals Shelton and Meyers
  • 5. Strategic Initiatives
    • Signing of the Mutual Assistance Treaty
    • Formation of the Defense Policy Group
    • Launching of cyber terrorism,information security and military to military cooperation
    • FBI office in New Delhi working closely on intelligence sharing with CBI and IB
    • Joint patrolling of the of the straits of Malacca
    • Joint military exercise in Alaska
    • Joint Naval exercises on the West Coast of India
    • …… are a few examples of the new trend of US – India relations
  • 6. Defense Policy Group
    • Major initiative in taking our strategic relationship forward
    • It is headed on the Indian side by Secretary Defense, and on the US side by the Under secretary of Defense.
    • The fifth meeting of the Group was held in the US in August 2003.
  • 7. Issues of Discussion
    • Takes up fresh proposals to develop defense technology
    • relationship including : Production, Research and development and Private sector partnerships
    • Noted the successful trend of Joint military exercises and agreed to upscale the exercises in the near future
    • Both US and India are allies and share a strong relationship with Israel. Bush administration has approved for the sale of equipments and missile systems from Israel to India
  • 8. The setting of the Hi- technology Cooperation Group (HTCG)
    • The two governments agreed to form the HTCG in 2002 to promote bi-lateral hi-technology trade including trade in dual use goods and technologies.
  • 9. Main sector focuses include…
    • Defense
    • Nanotechnology
    • Information technology
    • Life sciences
  • 10. The key issues being discussed in the HTCG forum
    • Market Access
    • Tariff and non tariff barriers
    • Strategic exports
    • Export controls
  • 11. The Quartet Areas of Cooperation
    • Recently PM Vajpayee and President Bush have re-enforced the Hi-tech sharing commitment and announced the new strategic and security policy for cooperation in four priority areas:
      • Space
      • Civil Nuclear ties
      • Trade in high technology
      • Missile defense cooperation
    • Sale of Equipment to Indian Armed Forces
    • JV with Indian Companies for both Indian and third markets
    • Technology Transfer
    • Co-producing & sub-contracting
    • Technology Development and R&D
  • 13. The Road Ahead
    • To address the issues of Concerns identified by both the governments
    • Implement the recommendation arising out of the discussion forums
    • Pursue confidence building measure
    • Promote Defense and Military ties through new partnerships embracing both Govt. and private sector.
    • Assurances on end-use certification of sensitive technology.
    • Prevent diversion of goods and technologies
    • Stop transfers and re-transfers within and outside India.
    • Guarantee physical protection and control access to such technologies by third parties.
    • Outline laws to deal with suspected violations.
    • End user verification
  • 15. And the US To Do
    • The US will review licensing processes for dual use goods. These are currently restricted because of proliferation concerns.
    • Open up access to commercially launching US made satellites.
  • 16. Continued ….
    • Reverse executive orders on hi-tech trade with India.
    • Influence N-powers to give India access to civilian technology.
    • Permit the sale of missile defense system to India.
  • 17. India’s Defense Sector – recent developments
    • Growing role of the private sector in manufacture and supply of defense equipments
    • Opening up of the defense sector to foreign direct investment (up to 26%) to encourage private sector participation and competition in the sector to meet its demands
    • The process of commercialization of defense technologies by DRDO is well on the way.
  • 18. THANK YOU