India Defense Market A Gold Mine, But Barriers Remain

Law360, New York (December 3, 2009, 4:11 PM EST) -- India's long-term commitment to ramping up spending in defense and homeland security creates tremendous trade opportunities for U.S.-based companies in those sectors, but the U.S.' strict export control laws and various market impediments in India could be seen as hurdles to opening that market, according to experts.

The defense trade relationship between the U.S. and India was one of the myriad topics broached during Indian Prime Minister Manmohan Singh's visit to Washington in late November, with both sides affirming their intent to cooperate on defense issues...
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