US to remove obstacles to defence, high-tech trade with India

Centennial Asia > The Asian Pulse > Daily News > US to remove obstacles to defence, high-tech trade with India
  • June 13, 2023
  • Posted by: admin
  • Category: Daily News
No Comments
post_img
  • The United States is set to remove obstacles that prevent smoother trade with India in critical areas such as defence and high technology, U.S. National Security Advisor Jake Sullivan said on 13 Jun.
  • Washington sees New Delhi as a vital partner in its efforts to push back against China’s expanding influence worldwide, even though the two democracies differ on how to deal with Russia’s invasion of Ukraine.
  • Sullivan is in India to make final preparations for Indian Prime Minister Narendra Modi’s Jun 22 state visit to Washington, a trip that is being billed as a milestone in relations between the two democracies.
  • “As we look ahead to the state visit Prime Minister Modi will be embarking upon in Washington next week… a number of the deliverables at the visit are not just bullet points on a page,” Sullivan told a meeting of business and industry in New Delhi.
  • “They are fundamentally designed to remove those obstacles in defence trade, in high-tech trade, in investment in each of our countries, in taking away obstacles that have stood in the way of our scientists and researchers.”
  • This includes areas such as research and development, 5G and 6G telecommunication technology, semiconductor supply chains, artificial intelligence, advanced computing and biotechnology, and “specifically on removing barriers to strategic trade”, he added.
  • Sullivan met Modi and held talks with his Indian counterpart Ajit Doval on Tuesday and is scheduled to meet Doval again on Wednesday. He will also meet Indian Foreign Minister Subrahmanyam Jaishankar during the two-day visit.
  • A statement from the Indian Foreign Ministry said that Sullivan and Doval “encouraged stakeholders on both sides to strive for technology value-chain partnerships that would lead to co-development and co-production of high technology products and services in both countries”.

External Link : https://www.reuters.com/world/us/us-remove-obstacles-defence-high-tech-trade-with-india-nsa-sullivan-2023-06-13/

13-Jun-2023