(Taipei Times) - Two-way trade between Israel and India runs at more than $1 billion a year, with Israel particularly keen to cultivate India as a market for its defense industry. The U.S., which must approve Israeli weapons sales that include American technology, recently allowed the transfer to India of the Israelis' Phalcon Airborne Early Warning, Command and Control System, in an estimated one billion dollar deal. According to one U.S. foreign policy commentator, Washington is transforming its growing partnership with New Delhi into an alliance comparable with the one it has with Japan.
2003-09-04 00:00:00Full ArticleBACK Visit the Daily Alert Archive