Business Standard

Friday, January 10, 2025 | 01:40 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

US issues notification for high technology product sales to India

The notification relaxes America's export control norms with regard to India, befitting India's status as a 'Major Defence Partner'.

India,US,India-US
Premium

India,US,India-US

Press Trust of India New Delhi
The US on Friday issued federal notification designating India as a Strategic Trade Authorisation-1 (STA-1) country, paving the way for high-technology product sales to New Delhi. With this, India has become the 37th country to join the list of STA-1 nations, the only country to be in the league in South Asia.
 
The notification relaxes America’s export control norms with regard to India, befitting India’s status as a ‘Major Defence Partner’.

The Bureau of Industry and Security issued the notification to amend Export Administration Regulations (EAR) to formally recognise and implement India’s membership in the Wassenaar Arrangement (Wassenaar or WA).

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in