India, US can announce major pacts in intelligence, fighter

India, US can announce major pacts in intelligence, fighter

"We are working with partners to secure India's Nuclear Suppliers Group membership", said, the American ambassador to India, in his inaugural policy speech. "But we also want to make it clear that if they are going to be engaged in certain predatory economic behaviour or other activities then there's an alternative set of principles that other countries of the region are going to follow", he said. Juster said it will lead to collaboration on emerging technologies and will create more employment opportunities for both countries.

The speech on Thursday was organised by the think-tank Carnegie India. He said, "A number of USA companies have reported increasing difficulties in conducting business in the largest market in the region, China". "Accordingly, some companies are downgrading their operations there, while others are looking with great interest at alternative markets". Shifting focus to the recent decision of US President Donald Trump to stop the financial aid to Pakistan, Kenneth Juster said, "That was really major impetus in suspending security assistance to Pakistan because we feel they have not done all that they could to try to eliminate terrorist sanctuaries in Pakistan that are contributing to the unrest in Afghanistan". He noted that accelerating the economic and regulatory reform process already begun by Prime Minister Narendra Modi will help ensure that India is seen as an increasingly efficient, transparent and well-regulated market.

He talked about a roadmap for a US-India Free Trade Agreement, but said that many intermediate steps were needed to reach the goal.

"We want to promote respect for sovereignty and territorial integrity, guarantee freedom of navigation over flight and commerce and other lawful uses of the sea, ensure territorial and maritime disputes are resolved peacefully consistent with global laws", he added.

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The US envoy to India further emphasised on the "many" benefits of growing the bilateral economic relationship and making India a regional hub for US business.

He also said the Indo-US ties would grow and that both countries need to continue to have confidence and trust in each other and not be anxious about the future of the relationship. "India can seize this strategic opportunity thought trade and investment to become an alternative hub for U.S. business in Indo-Pacific region".

Mr Juster said the United States would not tolerate any cross-border terrorism or safe havens, adding that security assistance had been suspended by the USA to Pakistan as they (Pakistan) were not doing enough to curb terror. "And that's not going to change", he said. Pakistan is also important to the situation in Afghanistan.

Juster insisted that United States aid to Pakistan has not been blocked, but only suspended, and underscored that stability in Afghanistan was not possible without Islamabad's positive cooperation.

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