India and U.S reach agreement on defense technology

During her first visit to India as Secretary of State, Hillary Clinton made a clear move to strengthened relationship with India and demonstrating President Barack Obama’s commitment to India’s emergence as a player on the global stage

United States and India finally reached an agreement on a defense pact that would allow the sales of U.S arms to India.

The Pact is known as an “end user monitoring” monitoring agreement as required by U.S Law for such sophisticated weapon sales, this would let U.S check India use of such weapons are for purpose intended and also preventing the technologies from leaking to others.

With India’s expected $30 billion over the next five years on upgrading its arsenal. The two main U.S contractors Lockheed Martin Corp and Boeing Co are competing for the supply or arms. India plans to buy 126 multi-roles Fighters and modernize it largely Russian made arsenal. The deal is going be the largest deal in the world.

State Secretary Hillary Clinton also said that Delhi has approved two sites for U.S companies to built nuclear power plants. These two nuclear power plants are estimated to represent up to $10 billion business for U.S. nuclear reactor builders such as General Electric Co. and Westinghouse Electric Co, a subsidiary of Japan's Toshiba Corp

Hillary Clinton is not only bringing back home over $40 billion worth of project as a boon for US companies. The success of this visit would also be way to dissipate the conviction that the Obama Administration has neglected India as it focused on getting Pakistan military to battle the insurgents in western border of Afghanistan.