India, US close to inking security pact for defence tech transfers: Report

India and the United States are closing in on an industrial security agreement that will allow the transfer of defence technology, sources said on Monday, ahead of US Secretary of State Mike Pompeo's talks in New Delhi this week to promote strategic ties.

Disputes over trade and protectionist moves have escalated between the two countries in recent months, but defence ties remain strong with Washington seeking to build Indian capabilities as a counterweight to China. India has bought weapons worth more than $15 billion from the.....

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