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India-US to allow defence industries collaboration on technologies

Fiinews by Fiinews
October 1, 2021
in Investment, Manufacturing, Technology
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ISA summit concluded in New Delhi

India and the US have agreed in-principle to establish the Indo-US Industrial Security Joint Working Group to align the policies and procedures expeditiously that will allow the defence industries to collaborate on cutting edge defence technologies.

The group will meet periodically, Ministry of Defence said after concluding the five-day Industrial Security Agreement (ISA) summit on 1 Oct 2021 in New Delhi.

The summit was organised to develop protocol for the exchange of classified information between the defence industries of both the nations.

The Summit was led by Designated Security Authorities (DSAs), Anurag Bajpai and David Paul Bagnati, representing India and the US delegates.

The ISA was signed in December 2019 to facilitate the exchange of classified information between the defence industries of both the countries. It was held to create a roadmap for the implementation of the ISA.

The DSAs also visited Indian defence industry in preparation for the roadmap. #technologies #manufacturing #defence /fiinews.com

Tags: Ministry of Defence
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