India, U.S. Ties Have Attained New Momentum: Senators to Obama


Warner and Cornyn said they believe that the Commercial Dialogue will better position the two countries to achieve the shared goal of bilateral trade of $500 billion per annum.

"We are also confident that the manufacturing industry will be able to take advantage of U.S. India Investment Initiatives to effectively support our goals of assisting in the development of three Indian cities -- Ajmer, Visakhapatnam and Allahabad where the United States will be the lead partner," the letter said.

We believe that the renewable of the ten-year Defense Framework will help guide nations to reach that vision," the letter said.

"Through increased maritime security partnerships, increased personnel exchanges, and engagement in military exercises, the U.S. and India have increased their ability to operate collaboratively," they said.

"We see great promise in continuing to advance this cooperation under the Defense Technology an Trade Initiative, which allows for enhancing maritime technology cooperation, including exploring aircraft carrier technology sharing and design," the Senators told Obama.

"While both countries have achieved successes though Strategic Dialogue, there are numerous other areas where we hope more progress will be made, including finalisation of the U.S. India Bilateral Investment Treaty and a deeper collaboration on stabilisation efforts in Afghanistan," Warner and Cornyn wrote.

Source: PTI