Resolution introduced in US House to bring India on par with NATO allies

Posted on:25 Mar 2016 09:39:38

Resolution introduced in US House to bring India on par with NATO allies
25 March 2016 Current Affairs: A Congressional resolution aiming to bring India on a par with America’s NATO (North Atlantic Treaty Organization) allies in terms of Defence trade and technology transfer was introduced recently. The US-India Defense Technology and Partnership Act (HR 4825) proposes to amends the Arms Export Control Action. It was introduced by Congressman George Holding, Co-Chair of the House India Caucus. The resolution seeks to formalise (i) India’s status as a major partner of equal status as US’s NATO allies and closest partners and (ii) also elevate India’s status in export of defence articles from the US.Benefits to India :  Cement the India-US relations and lay a foundation for future cooperation and growth. Shorten the time required for the notification of sale or export of defence articles from the United States to India. Encourage more joint contingency planning and require the US government review and assess India’s ability to execute military operations of mutual interest.US-India Defence : Relations Defence trade between the US and India is one of the strongest areas of the bilateral economic relationship. Over the past 10 years it has risen from $300 million to over $14 billion.


Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs May 2017

24 MAY
NEWS
23 MAY
NEWS
22 MAY
NEWS
20 MAY
NEWS

Current Affairs April 2017

29 APRIL
NEWS
28 APRIL
NEWS
27 APRIL
NEWS
26 APRIL
NEWS

Current Affairs March 2017

31 MARCH
NEWS
30 MARCH
NEWS
29 MARCH
NEWS
28 MARCH
NEWS