The United States on Monday elevated India’s status as a trading partner to equal that it has accorded largely to its Nato allies, mostly for the purposes of speeding up the sale of high-tech defence and non-defence products that are otherwise subjected to strict controls and licensing. “We have granted to India Strategic Trade Authorization status STA-1 that’s (a) very important status under our export control regime and acknowledges US-India security and economic relationship,” said US secretary of commerce Wilbur Ross at the Indo-Pacific Business Forum. The move, which will reduce the number of licences needed for US exports to India, means India can get easy access to the latest defence technologies.
The United States on Monday elevated India’s status as a trading partner to equal that it has accorded largely to its Nato allies, mostly for the purposes of speeding up the sale of high-tech defence and non-defence products that are otherwise subjected to strict controls and licensing. “We have granted to India Strategic Trade Authorization status STA-1 that’s (a) very important status under our export control regime and acknowledges US-India security and economic relationship,” said US secretary of commerce Wilbur Ross at the Indo-Pacific Business Forum. The move, which will reduce the number of licences needed for US exports to India, means India can get easy access to the latest defence technologies.
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