WASHINGTON: The US has identified India as one of the countries that would benefit from Pentagon’s ambitious plan to reform rules and regulations that govern its defense exports.
He said each transaction creates new opportunities for training, exercises and relationship building.
Panetta pointed out that it also supports the industrial base, with roughly one third of defense industry output supported by defense exports. “This is important for American jobs and for our ability to invest in new defense capabilities for the future.”
“India is one such country that would benefit from changes to our system. While in Delhi earlier this month I announced that my Deputy, Ash Carter, will work with Indian counterparts to streamline our respective bureaucratic processes to better enable defense trade,” Panetta said yesterday in his address to the US Institute of Peace (USIP), a prominent Washington-based think tank.
The Defense Secretary said he was clear that there is more that can be done to facilitate defense cooperation, with traditional allies and new partners alike.
“We are working to make US government decision-making simpler, faster and more predictable for partners. This means better anticipating partner needs ahead of time, fast-tracking priority sales, and incorporating US exportability requirements up front in the development process,” he said. -PTI