4. To pursue this common vision of a broader and deeper strategic relationship between the United States and India, our defence institutions must: this defence pact is important to the U.S. defense industry and economic relations. But it also has a much broader context. This is a dramatic advance since the signing of the U.S.-India Defence Agreement in 2005, both in terms of the volume of defence traffic and the frequency of joint military exercises. 6. Recognizing the growing scope and depth of strategic defence relations between the United States and India, we are creating the Public Procurement and Defence Production Group and creating a joint task force to review the work of the mid-year defence group. The United States reaffirmed its commitment to a comprehensive defence partnership with India and discussed ways to strengthen regional security cooperation, military-military interactions and defence trade relations. This includes intensifying bilateral defence cooperation in the Indian Ocean region, Southeast Asia and southeast Asia, said Minister Esper. Highlighting their countries` record on space science and satellite application, the ministers welcomed the ongoing cooperation between the National Aeronautics and Space Administration (NASA) and the Indian Space Research Organization (ISRO), including NASA`s Synthetic Aperture (NISAR) radar, which is expected to be launched by 2022. Ministers also welcomed the exchange of information on space awareness, which will stimulate efforts to create the conditions for a safe, stable and sustainable space environment.
They also expressed the intention to continue the usmenial dialogue between the United States and India in the field of space, as well as discussions on the areas of possible cooperation in the field of space defence. Over the past decade, India has tried to diversify its supplier base, and the United States is now the second largest supplier of arms – accounting for only 7% of its purchases. But over the past three years, U.S. arms giants such as Lockheed Martin and Boeing have made significant progress in India`s defense market and are now at the top of India`s list of arms suppliers. This defence cooperation is an essential part of a strategic partnership between the United States and India, which is only deepening. The agreement also offers considerable opportunities for the U.S. defence industry to produce and develop with its Indian counterparts. It is attractive to Americans for a number of reasons.
The U.S. and Indian defense industries are complementary: U.S. companies are not the only ones looking for new markets; They are also attracted to a low-cost, well-trained, English-speaking and technically healthy workforce. K. conducts an exchange on defence strategy and defence transformation; During President Obama`s visit to India, it was decided to extend the defence agreement for a further ten years.