{"id":31856,"date":"2018-10-29T11:33:02","date_gmt":"2018-10-29T06:03:02","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=31856"},"modified":"2018-10-29T11:33:02","modified_gmt":"2018-10-29T06:03:02","slug":"a-great-american-arms-bazaar","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/a-great-american-arms-bazaar\/","title":{"rendered":"A great American arms bazaar"},"content":{"rendered":"<p><a href=\"http:\/\/www.thehindu.com\/opinion\/lead\/the-great-american-arms-bazaar\/article22486458.ece\"><b>A great American arms bazaar<\/b><\/a><\/p>\n<p><b>Context:<\/b><\/p>\n<p><span style=\"font-weight: 400;\">U.S. President\u2019s attempt to rework arms transfer policy provides for an opportunity for India<\/span><\/p>\n<p><b>What is the existing policy on arms sale in U.S.?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Arms transfers by U.S. happen primarily through Foreign Military Sales, Direct Commercial Sales, and Foreign Military Financing<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">These are controlled by stringent laws like Arms Export Control Act<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Sale of arms is guided less by commercial considerations rather than strategic ones<\/span><\/li>\n<\/ul>\n<p><b>Why is arms transfer important for U.S.?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">It is a key leverage of global influence<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">It reduces the cost of procurement for the U.S. military by spreading the cost, and by employing 1.7 million people<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">the defence industry is a key component in U.S. economy and politics<\/span><\/li>\n<\/ul>\n<p><b>What changes do President Trump want to bring?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Trump emphasizes commercial benefits of arms sale and de-emphasize the strategic angle<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">He wants to reduce the Foreign Military Financing to the least, except for Israel.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Further, he wants American partners to buy more weapons from it.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">This is also a move towards reducing trade deficits with key partners such as South Korea and Japan.<\/span><\/li>\n<\/ul>\n<p><b>How would this benefit India?<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Change in U.S. arms policy is expected to change dynamics of India-U.S. defence trade<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">India is expected to be more comfortable with weapons purchases as commercial deals<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">For U.S. India could emerge as a reliable, non-proliferating buyer of its arms<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>A great American arms bazaar Context: U.S. President\u2019s attempt to rework arms transfer policy provides for an opportunity for India What is the existing policy on arms sale in U.S.? Arms transfers by U.S. happen primarily through Foreign Military Sales, Direct Commercial Sales, and Foreign Military Financing These are controlled by stringent laws like Arms&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/a-great-american-arms-bazaar\/\">Continue reading <span class=\"screen-reader-text\">A great American arms bazaar<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-31856","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704930069},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/31856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=31856"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/31856\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=31856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=31856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=31856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}