This agreement was signed by both sides during the visit of US Secretary of Defense Lloyd Austin to India. The most notable aspect is the cooperation between the two sides in researching and developing new military and defense technologies, as well as jointly manufacturing modern weapons and equipment systems.
US Defense Secretary Lloyd Austin and his Indian counterpart Rajnath Singh in New Delhi on June 5.
India is currently the world's largest arms importer. Therefore, cooperation between the US and India on new technologies and weapons manufacturing would benefit both sides in the short and long term. The concrete results of this agreement would help India reduce its dependence on external partners for arms and military equipment imports, while also allowing the US to gain a foothold in the Indian military and defense market, competing with Russia in this area.
This new development in military and defense cooperation between India and the US creates a favorable political atmosphere for Indian Prime Minister Narendra Modi's upcoming visit to the US on June 22nd. Modi's trip also reflects a new quality in the bilateral relationship.
Both immediate practical interests and long-term shared strategic interests bind these two countries together. Both are members of the Quad in the Indo-Pacific region, along with Japan and Australia. Not only within the framework of the Quad, but also in the goal of countering China, the US and India can form a very special partnership. This further strengthens their alliance and makes them even more important to each other.
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