Rapid Fire July 24, 2012: Trade vs. Cooperation

• Following an assignment handed to him by his boss last month, US deputy secretary of defense Ashton Carter said India is a top priority for defense exports. India is interested in cooperation rather than mere trade. Carter added:

“Practically, we want to be India’s highest-quality and most trusted long-term supplier of technology, not a simple seller of goods, in such fields as maritime domain awareness, counterterrorism, and many others.”