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February 27, 2020

Why in News?

The United States of America’s (USA) President Donald Trump visited India on February 24 and 25, 2020.

What were the MoUs signed?

  • Only three Memoranda of Understanding (MoUs) were signed: Two on health care, and one Letter of Cooperation.
  • A MoU was signed on mental health between the health departments of the countries.
  • Another MoU on the safety of medical products was signed between the Central Drugs Standard Control Organization with the US Food and Drug Administration.
  • A Letter of Cooperation on LNG pipeline infrastructure was signed between Indian Oil Corporation Limited and Exxon Mobil India LNG Limited and Chart Industries Inc, US.

What was the agreement signed?

  • An agreement has been signed for defence purchases worth $3-billion, including American helicopters.
  • This agreement has led to both sides signalling more cooperation in defence, military exercises and technology sharing.

What could have been done?

  • The visit’s concrete outcomes were not dramatic or historical.
  • The two leaders shared strong language in references aimed at China’s hegemony in the South China Sea as well as the Belt and Road Initiative.
  • But, they could have introduced the steps in the Indo-Pacific partnership including,
    1. Possible militarisation and
    2. Joint funding to counter the challenge from Chinese loans in the region.

What could be done?

  • The two governments must now strive to complete the unfinished agreements.
  • They should set the course for their newly designated ‘Comprehensive Strategic Global Partnership’.
  • More immediately, with the political backing of both leaders, negotiators must move towards the much anticipated yet elusive trade deal.

 

Source: The Hindu, The Economic Times.

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