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Hagel in India for weapons trade talks

  • Defense Secretary Chuck Hagel landed in New Delhi today with the aim of bringing down U.S. weapon trade barriers with India. India relies on purchases from abroad for 70% of its arms, and surpassed China in 2010 to become the world’s largest weapons importer.
  • Among Hagel’s goals will be preparing the groundwork for the next 10-year U.S.-India framework for defense ties before the current agreement expires in 2015.
  • The new Modi government increased defense spending by 12% in July to 2.3T rupees ($40B), but many restrictions on foreign arms imports still remain.
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Comments (6)
  • canb888
    , contributor
    Comments (422) | Send Message
     
    Weapons sales is the top priority of US - India relations? How about helping to solve a real problem for the 600 Million people who do not have access to a toilet in that country (may create employment in the process) and other environmental issues?
    7 Aug 2014, 11:06 AM Reply Like
  • sis11003
    , contributor
    Comment (1) | Send Message
     
    So I didn't know that Boeing made toilets... This is a trading forum ... Is this comment necessary or pertinent
    7 Aug 2014, 11:30 AM Reply Like
  • canb888
    , contributor
    Comments (422) | Send Message
     
    sis, the point is investing in infrastructure which will create employment and reduce pollution that India needs badly vs military expansion in peace time for the limited dollars they have.
    7 Aug 2014, 12:56 PM Reply Like
  • jumpnjoey77
    , contributor
    Comments (898) | Send Message
     
    They need clean water and toilets. The tourist spots are nice but 5 streets over it is like living in the 15th century.
    7 Aug 2014, 01:02 PM Reply Like
  • jumpnjoey77
    , contributor
    Comments (898) | Send Message
     
    I thought it was mangos?
    7 Aug 2014, 01:01 PM Reply Like
  • Cologero
    , contributor
    Comments (137) | Send Message
     
    What a jaded bunch all of you are! Sure clean water and sanitation SHOULD be the TOP priority of India...as it should be for all second and third world countries, including Pakistan, ...India's very hostile neighbor and co-possessor of nuclear arms. Toilets and potable water aside; tactical conventional weapons are a far better investment right now given the current geopolitical situation, ne c'est pas? In fact, given the corruption and fanaticism in that part of the globe, I'd say it was a clever and insightful move by the administration,...or does only Vlad the impaler have the right to strut around and do as he pleases?
    I myself give to many humanitarian relief organisations, but, I also realize that the world being what it is; I would assume that the guy 5 streets over in the 15th century would still enjoy the pleasure of being allowed to relieve himself w/o being irradiated or blown to pieces? BTW, imho,...nothing wrong mixing business with socio-economic issues on this investment message board. It would be foolish to think they are NOT inter-related!
    13 Aug 2014, 12:34 PM Reply Like
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