This paper attempts to provide an overview of significant recent developments in US policy towards South Asia and their implications for India. It examines the proposed cooperation between India and the US, focusing on advanced technology issues. It also places this issue in the context of US-Pakistan ties, as this provides a relevant referent for comparison. This paper concludes that while the US and India are formally expanding their strategic cooperation, the results on the ground are still not in step with the rhetoric.

The new US Secretary of State, Ms. Condoleezza Rice, made her first halt in New Delhi on March 16, 2005 during her whistle-stop tour of Asia that took her across the continent to Japan and China, among other countries. The symbolism of identifying Delhi as her first destination reiterates the determination of the Bush team to consolidate the relationship with India and realise the potential hinted at during the first term, and this was emphasised by Rice during her visit.

An attempt has been made in this article to assess the arguments in favour of a fundamental shift in Indo-US relations by revisiting the history of their bilateral relations since its formative period and comparing it with the present period. The paper strongly argues that the Indian decision to go nuclear in May 1998 played a catalytic role in bringing the two democracies together. It was Shakti 1998, which changed the entire scenario and augmented for a changed US policy towards South Asia, especially towards India.

The paper discusses Track II Diplomacy between India and the United States with a special focus on the post-1998 period. Its scope is limited to Track II deliberations that have relevance to foreign policy issues. An effort has been made to assess the efficacy of Track II exercises on the basis of certain parameters developed for this study.

The findings of the study are based on the responses received from some experts in this field in India during direct interviews with them. Thus, the paper provides an Indian perspective.