Fifth India-US 2+2 Ministerial Dialogue

Fifth India-US 2+2 Ministerial Dialogue

Why in news ?

Recently, 5th Edition of the India-US 2+2 Ministerial Dialogue took place, where both countries highlighted progress in various areas of bilateral cooperation including defense, semiconductors, emerging technology, space, health etc.

Fifth India-US 2+2 Ministerial Dialogue

What are 2+2 meetings?

  • The 2+2 meetings signify the participation of two high-level representatives, Ministers holding Foreign and Defence portfolios, from each of the two countries who aim to enhance the scope of dialogue between them.
  • Having such a mechanism enables the partners to better understand and appreciate each other’s strategic concerns and sensitivities taking into account political factors on both sides, in order to build a stronger, more integrated strategic relationship.

Overview of India and US Bilateral Relations

  • Since India’s independence, ties with the United States have weathered the Cold War–era distrust and estrangement over India’s nuclear program.
  • Relations have warmed in recent years and cooperation has strengthened across a range of economic and political areas.
  • Bilateral Trade: The bilateral trade between the two countries has risen by 72 percent between 2017-18 and 2022-23.
  • The US accounted for 18 percent of the gross FDI inflows into India during 2021-22, ranking second behind Singapore.

What are the Key Highlights of the India-US 2+2 Dialogue?

Defense Deals:

Both nations aimed to collaboratively co-develop and co-produce defence systems, fostering a deeper partnership in defence technologies.

India and the U.S. are currently negotiating deals for the purchase of MQ-9B unmanned aerial vehicles and the licensed manufacturer of General Electric’s F-414 jet engine in India.

These deals align with India’s goal of enhancing its defence capabilities.

The Ministers looked forward to the finalisation of a Security of Supply Arrangement (SOSA), a key priority in the Roadmap, which will further integrate the defence industrial ecosystems of both countries while strengthening supply chain resilience

Advancements in Defence Technology Cooperation:

Both sides reviewed the progress of the India-U.S. Defence Industrial Ecosystem, INDUS-X, launched in June 2023, aimed at expanding the strategic technology partnership and defence industrial cooperation.

Membership in Combined Maritime Forces:

  • India’s decision to become a full member of the Combined Maritime Forces, a multilateral construct headquartered in Bahrain, was welcomed by the Defense Secretary of the US.
  • This move signifies India’s commitment to regional maritime security.

Maritime Security:

  • Both nations shared a focus on maritime security in the Indo-Pacific region, acknowledging the importance of safeguarding vital sea lanes and promoting stability.

Multilateral Cooperation: India and the United States cooperate closely in multilateral organizations and fora, including the United Nations, G20, Association of Southeast Asian Nations (ASEAN)-related fora, International Monetary Fund, World Bank, and World Trade Organization.

Together with Australia and Japan, the United States and India convene as the Quad, a diplomatic network, to promote a free and open Indo-Pacific.

Nuclear Cooperation: Civil Nuclear Deal was signed in 2005, under the agreement, India agrees to separate its civil and military nuclear facilities and place all its civil resources under International Atomic Energy Agency (IAEA) safeguards. In exchange, the United States agrees to work toward full civil nuclear cooperation with India.

Source – PIB

Download Our App

More Current Affairs

Share with Your Friends

Join Our Whatsapp Group For Daily, Weekly, Monthly Current Affairs Compilations

Related Articles

Youth Destination Facilities