ABSTRACT
This chapter focuses on the core areas of strategic dialogue, namely economic collaboration, homeland security, space cooperation, global and regional security, and India's membership of the UN Security Council. In order to upgrade relations with India at bilateral, regional and global levels in diverse areas of mutual interest, US Secretary of State Condoleezza Rice initiated a strategic dialogue in early 2000. Towards that goal, a renewed strategic dialogue was proposed by Secretary Rice to advance President Bush's agenda to make India a global partner of the United States. Despite the deepening strategic cooperation, India and the United States have a clash of interests, for instance, on the Bilateral Investment Treaty (BIT), the Free Trade Agreement (FTA), and the trade and investment agenda. Some strategic pundits foresee that America is likely to compromise with moderate elements in the Taliban to work out a mutually acceptable formula to save Afghanistan from total chaos and anarchy.
