India, US renew defence pact; to pursue co-production projects

January 25, 2015 3:46 PM

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NEW DELHI: Vowing to take defence ties to a "new level", India and the US today renewed their 10-year Defence Framework Agreement and agreed in principle to pursue joint development and production projects.

The new framework will enhance bilateral defence partnership by stepping up joint military exercises and through more in-depth intelligence-sharing, maritime security efforts among others.

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