India-US to extend Defence cooperation Pact


New Delhi: India and USA have finalised the new Framework Agreement on Defence Cooperation which would replace the existing Framework Agreement on Defence Cooperation expiring in June 2015. A dialogue has been established between both countries under the Defence Technology and Trade Initiative (DTTI) for co-development and co-production of unique and exceptional technologies of mutual interest. There is no joint production of weapons with USA at present.

This information was given by Defence Minister Manohar Parrikar in a written reply to Nandi Yellaiah and others in Lok Sabha on March 13.