Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
  • Editorial Calendar 19-20
BW Businessworld

India To Purchase Over $3 Billion Defence Equipment From US: Trump

New Delhi and Washington are yet to sign a trade deal, but the two countries would begin talks to strike a comprehensive agreement, Trump and Modi said.

Photo Credit : Manish Kumar Jha

1555480310_EMMH0B_Tejas_Assembly_line_Manish_K_Jha_470.jpg

 India will buy defence equipment worth more than $3 billion from the United States, President Donald Trump said on Monday, the second day of his two-day visit to the South Asian nation.

The United States was working productively with Pakistan to counter terrorism on its soil, Trump said at a joint press conference with Indian Prime Minister Narendra Modi in capital New Delhi.

New Delhi and Washington are yet to sign a trade deal, but the two countries would begin talks to strike a comprehensive agreement, Trump and Modi said.

Trump also said he discussed with Modi, whom he calls his "dear friend", the importance of a secure 5G telecoms network in India, ahead of a planned airwaves auction by the country.

The United States has banned Huawei, arguing the use of its kit creates the potential for espionage by China - a claim denied by Huawei and Beijing - but India, where telecoms companies have long used network gear from the Chinese firm, is yet to make a call.

(Reuters)


Tags assigned to this article:
defence deals defence equipment