AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 132.66 Increased By ▲ 3.13 (2.42%)
BOP 6.89 Increased By ▲ 0.21 (3.14%)
CNERGY 4.57 Decreased By ▼ -0.06 (-1.3%)
DCL 8.92 Decreased By ▼ -0.02 (-0.22%)
DFML 42.75 Increased By ▲ 1.06 (2.54%)
DGKC 84.00 Increased By ▲ 0.23 (0.27%)
FCCL 32.90 Increased By ▲ 0.13 (0.4%)
FFBL 77.06 Increased By ▲ 1.59 (2.11%)
FFL 12.20 Increased By ▲ 0.73 (6.36%)
HUBC 110.01 Decreased By ▼ -0.54 (-0.49%)
HUMNL 14.40 Decreased By ▼ -0.16 (-1.1%)
KEL 5.53 Increased By ▲ 0.14 (2.6%)
KOSM 8.32 Decreased By ▼ -0.08 (-0.95%)
MLCF 39.67 Decreased By ▼ -0.12 (-0.3%)
NBP 65.50 Increased By ▲ 5.21 (8.64%)
OGDC 198.74 Decreased By ▼ -0.92 (-0.46%)
PAEL 26.00 Decreased By ▼ -0.65 (-2.44%)
PIBTL 7.62 Decreased By ▼ -0.04 (-0.52%)
PPL 159.00 Increased By ▲ 1.08 (0.68%)
PRL 26.24 Decreased By ▼ -0.49 (-1.83%)
PTC 18.35 Decreased By ▼ -0.11 (-0.6%)
SEARL 82.24 Decreased By ▼ -0.20 (-0.24%)
TELE 8.12 Decreased By ▼ -0.19 (-2.29%)
TOMCL 34.40 Decreased By ▼ -0.11 (-0.32%)
TPLP 8.98 Decreased By ▼ -0.08 (-0.88%)
TREET 16.88 Decreased By ▼ -0.59 (-3.38%)
TRG 59.49 Decreased By ▼ -1.83 (-2.98%)
UNITY 27.52 Increased By ▲ 0.09 (0.33%)
WTL 1.40 Increased By ▲ 0.02 (1.45%)
BR100 10,614 Increased By 206.9 (1.99%)
BR30 31,874 Increased By 160.5 (0.51%)
KSE100 98,972 Increased By 1644 (1.69%)
KSE30 30,784 Increased By 591.7 (1.96%)

NEW DELHI: India and the United States announced progress on key defence deals and said they would expand their growing partnership in the face of geopolitical challenges as their top diplomats and senior ministers met on Friday.

US Secretary of State Antony Blinken and Defense Secretary Lloyd Austin met Indian Foreign Minister Subrahmanyam Jaishankar and Defence Minister Rajnath Singh in New Delhi as part of their annual “2+2 Dialogue”, focused on the Indo-Pacific region.

The two countries which were once on opposite sides of the Cold War are now working on landmark deals including for the US to supply and manufacture engines for Indian fighter jets.

Indian Defence Secretary Giridhar Aramane said that deal between the aerospace unit of General Electric and India’s state-owned Hindustan Aeronautics was on track.

“We are finalising the commercial arrangements and the necessary legal requirements are being put in place,” he told reporters after the talks.

A more than $3 billion deal for India to buy 31 armed drones made by General Atomics is also being processed and India is waiting for the company to get US government clearances for the next steps, Aramane said.

Washington had offered several infantry combat vehicle systems and New Delhi has expressed interest, he added without giving details.

Indian media reports have said the Pentagon has offered the Stryker family of eight-wheeled armoured fighting vehicles produced by General Dynamic Land Systems and that New Delhi is interested in jointly manufacturing them in India. Before the talks, Defense Secretary Austin said it was more important than ever that the world’s two largest democracies exchange views and find common goals “in the face of urgent global challenges”.

Copyright Business Recorder, 2023

Comments

Comments are closed.