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Key Points
1. Number of important events have taken place
since the rst two plus two summit meeting on
6th September 2018.
2. Eight countries including India were granted
Signicant Reduction Exception (SRE) by US.
India will pay for the oil in rupees. The rupees
can be used to purchase Indian goods largely of
Indian rice and pharmaceuticals by Iran.
3. USA exempted India from sanctions regarding
the development of the strategically located
Chabahar port in Iran.
4. India signed a $5 billion deal to purchase S-400
Triumf air defence system from Russia despite
threat of CAATSA.
5. The United States and India are carrying out
intensive negotiations to address key trade issues,
such as on the U.S. steel and aluminum tariffs and
India’s GSP status.
2+2 Summit Meeting
and Beyond
The Centre for Land Warfare Studies (CLAWS), New Delhi, is an independent think-tank dealing with national security and conceptual aspects
of land warfare, including conventional and sub-conventional conict and terrorism. CLAWS conducts research that is futuristic in outlook and
policy-oriented in approach.
Website: www.claws.in Contact us: landwarfare@gmail.com
ISSUE BRIEF
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January 2019No. 166
CENTRE FOR LAND WARFARE STUDIES
Introduction
US Secretary of Defence, James Mattis and
Secretary of State, Mike Pompeo, accompanied
by Chairman, Joint Chiefs of Staff, Gen. Joseph
Dunford, met with India’s Foreign Minister,
Sushma Swaraj and Defence Minister, Nirmala
Sitharaman, at New Delhi on September 6,
2018, in what was dubbed the “two plus two”
summit. Three months have passed since that
meeting. The ongoing trade war between the
USA and China and recent development in
Quad have critical bearing on the Indo-USA
relations. A number of important events have
taken place since the rst two plus two summit
meeting. A review of the present state of Indo–
US relations is undertaken keeping in view
the ongoing US-China trade war and recent
happening in Quad.
Iran
Oil. On November 5, 2018, in the rst
Signicant Reduction Exception (SRE) grants
available under reimposed US sanctions, the
eight countries that received the SRE are:
China, India, Italy, Greece, Japan, South Korea,
Taiwan, and Turkey.
Maj Gen P K Mallick, VSM (Retd) was
a Senior Directing Sta (SDS) at the
National Defence College, New Delhi. He
is an expert in Cyberwarfare, SIGINT and
Electronic Warfare.
