By : Oneindia Video Team
Published : February 07, 2017, 03:24
Duration : 01:41
US recognises India as ‘major defence partner’ :Watch video
US has recognised India’s status as a ‘Major Defence Partner’and it has made necessary changes in its export control laws that would benefit India by facilitating smoother transfer of technologies and arms to it. The new rule that makes necessary changes in the export control laws “creates a presumption of approval” for Indian companies seeking to import Commerce Department-controlled military items, except Weapons of Mass Destruction-related goods.