Business Daily from THE HINDU group of publications
Tuesday, Jul 21, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Tuesday, Jul 21, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
|
|
|
|
|
Home Page
-
Foreign Relations Industry & Economy - Foreign Trade India, US sign pacts on civilian satellites, defence equipment The agreements signed included the creation of a science and technology endowment fund and a technical safeguard agreement for the launch of civilian satellites incorporating US components. Our Bureau New Delhi, July 20 India and the US on Monday signed a slew of agreements to give a further boost to the bilateral engagement between them, as part of the US Secretary of State, Ms Hillary Clinton’s first visit to India, after the Obama administration came to power earlier this year. The US administration also extended an invitation to the Prime Minister, Dr Manmohan Singh, to visit the country on November 24, making it the first state visit under the new Obama administration. Addressing a joint press conference late in the evening, the External Affairs Minister, Mr S. M. Krishna, said that three agreements were concluded including the creation of a science and technology endowment fund and a technical safeguard agreement for the launch of civilian satellites incorporating US components. Besides an end-use monitoring pact for the procurement of American defence equipment was also concluded. Ms Clinton said the Prime Minister had informed her that India had approved two sites for US companies to build nuclear power plants. She, however, did not give details of the sites. At the talks it was also decided to establish strategic dialogues in five areas of cooperation including agriculture, science and technology, trade, energy and finance. The Secretary of State said that apart from government officials, members from industry and civil society will also be part of this strategic dialogue. Earlier in the day, Ms Clinton met the Prime Minister, who conveyed to her India’s concerns about growing protectionism in the US. According to informed sources, he pointed out the concerns of the Indian business community over growing protectionism in the US. A new India-US engagement Hillary Clinton arriving today on 3-day visit More Stories on : Foreign Relations | Foreign Trade | Science & Technology
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2009, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|
