While the Atlantic partnership will always remain important for the United States, it is the United States’ ties with India that will be the “defining partnership” of the twenty-first century. Ties with India are the result of more than two decades of efforts by Indian and American leaders, and they will remain steady despite ups and downs because they rest on an underpinning not only of hard power but of soft power.
India is one of the fastest growing economies in the world today, and American companies aim to benefit from the Indian economic boom. Bilateral trade today stands at over $50 billion and American foreign investment in India is approximately $16 billion. The potential for collaboration in the fields of science and technology between the U.S. and India has grown exponentially. The removal of Indian defense and space organizations from the “entity list” will help forge partnerships between companies in both countries. The security dimension of the U.S.-India partnership is equally critical with deepening military-to-military ties, counter-terrorism cooperation, defense sales and a common desire to defend the domains of cyber and outer space.
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