Anyone care to bet this involves waiving or watering-down ITAR restrictions on exports to India?
And the loss of technology IP and trade secrets isn’t the whole story. Loosening up of export controls may mean companies are no longer required to build those products exclusively in US factories by US citizens. If so, just stand by as another wave of outsourcing happens, ITAR is the only thing keeping many jobs in the US as it is.
Meanwhile BHO will take credit for yet another failure that won’t improve the economy anyhow.
Guaranteed.
I am torn on this one.
I myself tried to get some defense trade going with India several years ago. restricted trade.
I love the peoples of India, BUT they have many allegiances.
Many states are flat out Communist.