To: philv who wrote (23327 ) 7/14/2005 12:42:23 PM From: The Wharf Respond to of 81023 The world moves to the tune of production and cost savings the difficulty is political China might find she is no longer the biggest and best producer in the world which is in someways tragic but her own doing. Wal-Mart, Gap, Chico, Facing Higher Chinese Yuan, Look to India July 11 (Bloomberg) -- U.S. retailers, including Wal-Mart Stores Inc., Gap Inc. and Chico's FAS Inc., are increasing purchases of inexpensive clothing and jewelry from India as they brace for rising costs when China, their biggest overseas supplier, revalues its currency. timesofindia.indiatimes.com The US side has offered to advance the briefing on Patriot PAC-III system, pointing to its readiness to bring India up to speed on the latest technology (it had earlier offered the Patriot II system). But it is the long list of in10t laid out in the agreement that is staggering in its scope and latitude. It talks of increasing opportunities for technology transfer, collaboration, co-production, R&D, including collaboration relating to missile defense, with the implicit understanding that tech sanctions against India will be withdrawn. There is a pledge to "increase exchanges of intelligence." windsofchange.net The Alliance: U.S. & India Sign Major 10-Year Defense Pact by Joe Katzman at June 30, 2005 09:35 AM Yesterday, in my article on Bangladesh, I noted that the behaviour of its rising Islamists "is slowly forcing the US and India together over common strategic concerns." Actually, Bangladesh is just one of many - and this week, The United States and India signed a 10-year agreement paving the way for stepped up military ties, including joint weapons production and cooperation on missile defense. Titled the "New Framework for the US-India Defense Relationship" (NFDR), it was signed on June 27/05 by U.S. Defense Secretary Donald Rumsfeld and India's Defense Minister Pranab Mukherjee. This is a big deal. A very big deal.us.ft.com India opens its doors to the west's supermarkets By Jo Johnson and Khozem Merchant Thursday, July 14, 2005 Posted: 03:55 AM EDT (08:55 London) On July 18th, When Manmohan Singh, India's prime minister, pays a visit to President George W.?Bush in Washington next Monday, he would do well to stop off at the a nearby est Wal-Mart. For That is what could soon start to supplant the riotous urban Indian street market could soon look like if his reformist government goes ahead with a plan to open up India'the country's retail sector to foreign direct investment. The world's biggest hypermarket stores chain is all set to lead dozens of international groups into the last great emerging market that is still closed to outsiders.