India and US sign defence deals worth 3 billion dollars

New Delhi:India and the United States yesterday finalized defence deals worth three billion dollars and signed three agreements, including in health and oil sectors.

A Memorandum of Understanding was signed on mental health between the health departments of both the two countries.

Another MoU on the safety of medical products was signed between the Central Drugs Standard Control Organization with the US Food and Drug Administration.

A Letter of Cooperation was signed between Indian Oil Corporation Limited and Exxon Mobil India LNG Limited and Chart Industries Inc, US.

In a joint press meet after holding extensive talks with visiting US President Donald Trump in New Delhi, Prime Minister Narendra Modi said the defence cooperation between two countries is reflective of the rising strategic partnership between India and US.

The Prime Minister said, they have decided to enhance efforts to hold supporters of terrorism accountable and agreed on new mechanism to contain drug trafficking.

Prime Minister added that both countries are committed to openness, fair and balanced trade and have decided to enhance strategic energy partnership.

In his statement, President Trump said, India and the US have expanded their defence cooperation with agreements for New Delhi to purchase more than three billion dollars of advanced American military equipment. Mr. Trump also affirmed the two countries’ commitment to protect their citizens from radical Islamic terrorism.

The US President said, another major focus of discussions today was forging bilateral economic relationships that is fair and reciprocal.

Briefing media in New Delhi yesterday, Foreign Secretary Harsh Vardhan Shringla said, the Indo-US comprehensive strategic global partnership has been reinforced by President Trump’s visit. He informed that talks between the two leaders were held in five major categories of security, defence, energy, technology and people to people contact.

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