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Business/Financial

U.S.-India Defense Trade, Cooperation, Expanding

By Cal Biesecker

Thursday, June 27th, 2013

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U.S.-India Defense Trade, Cooperation, Expanding

U.S.-India defense cooperation is growing--particularly defense trade, which is nearing $9 billion--and is an important aspect of bilateral collaboration as the United States focuses on the Asia Pacific region, State Department officials said. Secretary of State John Kerry met his counterparts during a recent trip and is working to add strategic depth to the partnership. “India is a key part of the U.S. rebalance in Asia,” Kerry said June 23 in New Delhi, according to a DoS statement. “And we…

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