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Business News

Jul 31, 2018
8:47AM

United States elevates India's status to ease export controls for high-technology product sales

The US has eased export controls for high-technology product sales to India by designating it as a Strategic Trade Authorization-1 (STA-1) country.

US Commerce Secretary Wilbur Ross announced in Washington last night that this is a very important change in India's status in the export control regime. 

The granting of STA-1 status to India comes after the US recognised India as a Major Defence Partner in 2016, a designation that allows India to buy more advanced and sensitive technologies from America at par with that of the US closest allies and partners, and ensures enduring cooperation into the future. 
 
 The designation authorises the export, re-export and transfer of specified items on the Commerce Control List (CCL) to destinations posing a low risk of unauthorised or impermissible uses.

Currently there are 36 countries on STA-1 list. India is the only South Asian country to be on the list. Other Asian countries designated as STA-1 are Japan and South Korea. 
 

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