Business Standard

Potential for cooperation with India to develop BMD: US

Press Trust of India  |  New Delhi 

"That is an important potential area for our future cooperation," visiting US Deputy Defence Secretary Ashton Carter said.

"I think BMD has great strategic importance and, therefore, the two governments should dicuss that strategically before they discuss that technically," he said while addressing a function here organised by CII.

He was asked if the US and India could work together to develop a BMD shield to showcase their strategic relations.

India is already working towards developing a missile defence shield on its own and is in the process of deploying its systems in and Mumbai.

The two countries had earlier discused the issue at several platforms.

"I am wary of showcases probably because it should have strategic and economic sense. It's fine to have symbolic sense but first and foremost it should have strategic and economic sense," Carter said.

On the US stressing more on cooperation than trade in its ties in the defence sector with India, he said the two countries want to get out of the buyer-seller relationship and want to work on co-development of projects.

"We want to do things together, we want to develop products together and produce technology together. There is a little difference between trade and cooperation and between the two, we are really looking for cooperation," he said. (More)

  

RECOMMENDED FOR YOU

Potential for cooperation with India to develop BMD: US

The US today said there is a potential for cooperation with India to develop a Ballistic Missile Defence (BMD) shield.

"That is an important potential area for our future cooperation," visiting US Deputy Defence Secretary Ashton Carter said.

"I think BMD has great strategic importance and, therefore, the two governments should dicuss that strategically before they discuss that technically," he said while addressing a function here organised by CII.

He was asked if the US and India could work together to develop a BMD shield to showcase their strategic relations.

India is already working towards developing a missile defence shield on its own and is in the process of deploying its systems in and Mumbai.

The two countries had earlier discused the issue at several platforms.

"I am wary of showcases probably because it should have strategic and economic sense. It's fine to have symbolic sense but first and foremost it should have strategic and economic sense," Carter said.

On the US stressing more on cooperation than trade in its ties in the defence sector with India, he said the two countries want to get out of the buyer-seller relationship and want to work on co-development of projects.

"We want to do things together, we want to develop products together and produce technology together. There is a little difference between trade and cooperation and between the two, we are really looking for cooperation," he said. (More)

  
image
Business Standard
177 22

Potential for cooperation with India to develop BMD: US

"That is an important potential area for our future cooperation," visiting US Deputy Defence Secretary Ashton Carter said.

"I think BMD has great strategic importance and, therefore, the two governments should dicuss that strategically before they discuss that technically," he said while addressing a function here organised by CII.

He was asked if the US and India could work together to develop a BMD shield to showcase their strategic relations.

India is already working towards developing a missile defence shield on its own and is in the process of deploying its systems in and Mumbai.

The two countries had earlier discused the issue at several platforms.

"I am wary of showcases probably because it should have strategic and economic sense. It's fine to have symbolic sense but first and foremost it should have strategic and economic sense," Carter said.

On the US stressing more on cooperation than trade in its ties in the defence sector with India, he said the two countries want to get out of the buyer-seller relationship and want to work on co-development of projects.

"We want to do things together, we want to develop products together and produce technology together. There is a little difference between trade and cooperation and between the two, we are really looking for cooperation," he said. (More)

  

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard