India to drop the Petrol dollar?

[Mega]

http://english.ruvr.ru/2011/01/01/38523281.html

Seeing how North Korea (Iran) is about to test its latest (Iran's 1st) Atomic bomb i think Iran can just smile..........if America/Is-real attack its WW3 & game over for the West.

China/Russia are already setting up Germany to take Western Europe.....the Anglo-saxions have lost.

Mike

[D-Mack]

Re: India to drop the Petrol dollar?

I doubt it, the US is snuggling up to India and maybe together they can divide and conquer Pakistan

Obama also announced a far-reaching initiative that expands India's access to U.S. high-tech equipment. In exchange for an Indian commitment to continually upgrade its export control system, an important step toward tightening the global nonproliferation regime, Obama declared that the United States would permit India to purchase previously restricted commodities, such as systems useful for defense and space applications. He also pledged to support India's membership in the four critical global nonproliferation regimes so that India could become part of the rule-making institutions that oversee commerce in nuclear, missile, chemical, and military technologies.

Perhaps no better assurance of an enduring bilateral relationship exists than the deepening of U.S.-India economic relations. Here, too, Obama's visit did not disappoint: He announced $10 billion in new trade deals, several of which involved the Indian military's purchase of equipment from U.S. manufacturers such as Boeing and General Electric. The U.S. military now conducts more training exercises with India's military than it does with any other partner, and the United States now sits on the cusp of becoming India's largest foreign supplier of weaponry.

...The commitment to deepen cooperation in this war-torn country signifies that Obama has rejected the Pakistani claim that India's involvement in Afghanistan undermines the U.S.-led international mission and threatens Pakistan -- a common assertion heard in Islamabad and sometimes even in Washington.And for the Indian government, the new commitment signifies a momentous shift in the traditional Indian position, which cheered the United States on in Afghanistan but sought to distance itself from any collaborative effort with Washington in Afghanistan. India is now signaling its willingness to not only support the U.S.-led effort from the sidelines, but to play an active role in pursuing their shared goals in the country.
http://www.foreignpolicy.com/article...delhi?page=0,1

[cmalbatros]

Re: India to drop the Petrol dollar?

USA has got to sweet talk the Indians, for after all, over a billion natural gas customers are waiting to be hooked up. Hence the huge US and NATO presence and actions in Afghanistan , $7trillion of resources waiting to be stolen, and direct route for pipeline to India & Pakistan & Gulf from former soviet 'stans. Why do you think UK & USSR were there in the past? USSR now has easier route to sell oil & gas to China & Europe from the north.

[D-Mack]

Re: India to drop the Petrol dollar?

Reaching out to India
As the biggest South Asian power, India seems to have been quietly preparing for this moment, backtracking gradually from its traditional stance of seeking a "neutral" Afghanistan free of foreign military presence. Of course, the bottom line for the Indian government is that the foreign policy should be optimally harmonized with US regional strategies. Therefore, all signs are that India as a "responsible regional power" will not fundamentally regard the NATO military presence in zero-sum terms.

Several considerations will influence the Indian approach in the coming period. One, India is an direct beneficiary of the US's "Greater Central Asia" strategy, which aims at drawing that region closer to South Asia by creating new linkages, especially economic.

Second, India has no strong views regarding NATO's partnership programs in Central Asia - unlike Russia or China, which harbor disquiet over it. At a minimum, there is no conflict of interest between India and NATO on this score. On the outer side, [COLOR=green ! important][COLOR=green ! important]India[/COLOR][/COLOR] would see advantages if NATO indeed works on a strategy to "encircle" China in Central Asia. The US military base in Manas, Kyrgyzstan, the induction of a fleet of AWACS (airborne warning and control system) [COLOR=green ! important][COLOR=green ! important]aircraft[/COLOR][/COLOR] into Afghanistan, and so forth give the alliance certain capability already to monitor the Xinjiang and [COLOR=green ! important][COLOR=green ! important]Tibet[/COLOR][/COLOR] regions where China has located its missiles targeted at India.

It is within the realms of possibility that NATO would at a future date deploy components of the US missile defense system in Afghanistan. Ostensibly directed against the nearby "rogue states", the missile defense system will challenge the Chinese strategic capability. Meanwhile, India is also developing its missile defense capabilities and future cooperation with the US in the sphere is on the cards.

The stated Indian position so far has been that it will not identify with any military alliance or bloc. Having said that, it is also important to note that India enjoys observer status in the Shanghai Cooperation Organization [SCO] and is seeking full membership in it. There has been a dichotomy insofar as incrementally, India's contacts with NATO have been gathering steam.

http://www.atimes.com/atimes/South_Asia/LL23Df05.html

another article on India