U.S. Signs Accord to Boost Hi-Tech Trade with India

Society Pakistan & World Affairs
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Here

U.S. Signs Accord to Boost Hi-Tech Trade with India

NEW DELHI (Reuters) - The United States has agreed with India on a plan to boost high-technology trade, completing a reversal from sanctions imposed after India carried out nuclear tests in 1998, U.S. officials said on Thursday.

The accord will make it easier for U.S. firms to sell to India “dual use” technology with both military and civilian applications, and comes as Washington is battling to prevent the proliferation of weapons technology elsewhere.

“We see this agreement as a hallmark of the transformation of U.S.-India relations over the past two years,” U.S. embassy spokesman Gordon Duguid told reporters.

Though sanctions were waived in 2001, India still has bitter memories of the period following its nuclear tests, and has traditionally shunned buying from U.S. firms, fearing supplies could dry up if sanctions were imposed again.

One U.S. official said the agreement – which sets up a new U.S.-India group to change private sector perceptions and help remove trade barriers – should boost trust and confidence between the two countries.

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America has not changed, at least for Pakistan, in terms of “use it and dump it”.

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Changez,

It is wrong to assume that if someone is friendly with India has to become enemy of Pakistan or vice-versa. e.g India is in Good terms with Iran and Iraq and both Israel and Palestine. Countries do business wherever they can make profit. Moreover America is a capitalist country.

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I agree that just because US does more business with India does not mean it won't do business with pakistan. however pakistan has to make sure they create marketable goods and services that US can use!

one of the sorriest spectacles I am witnessing is that of pakistan again missing some good opportunities - history has handed a trumpt card of being close (geographically) to afganistan and iraq. the U S really needs pakistan now (well they can use Turkey but pakistan can be key too).

pakistan should use this advantage to get technology transfers and factories craeted instead of angling for cash money aid that goes nowhere - because you're just taking that money and paying it bacl to buy silly armaments that you never need!

tell me this: in the past 10 to 15 years show me three exporatble and significant industries that pakistan has created?