Last Updated : May 25 2019 9:30AM     Screen Reader Access
News Highlights
Newly-elected BJP MPs meet today to formally elect PM Modi as their leader            Will fulfil dreams of 130 crore Indians: PM Modi            World leaders congratulate PM Modi for victory in Lok Sabha poll            DRDO test fires guided bomb from Sukhoi combat jet            India bags 57 medals at India Open International tournament           

International News

Aug 02, 2018
7:12AM

India's new status will benefit US manufacturers: US Commerce Secretary Wilbur Ross

US Commerce Secretary Wilbur Ross today said the Trump administration's decision to ease export controls for high-technology product sales to India by placing it in the Strategic Trade Authorisation-1 list of countries will benefit the US manufacturers. 

In a tweet Ross said, India's new status will benefit US manufacturers while continuing to protect our national security.

 
India became the only South Asian nation to get designated as a Strategic Trade Authorisation-1 (STA-1) country by the US earlier this week. The granting of STA-1 status to India comes after the US recognised it as a "Major Defence Partner" in 2016.

 Ross had made an announcement about granting of STA-1 status during the first Indo-Pacific Business Form meeting organised by the US Chambers of Commerce on Monday.

 Currently, 36 countries, mostly all the NATO countries, have this status. Other Asian countries as STA-1 are Japan and South Korea. Till recently India was designated as STA-2 countries along with seven others.
 

   Related News

PM’s Exclusive Interview to DD News

Live Twitter Feed

Listen News

Morning News 25 (May) Midday News 24 (May) News at Nine 22 (May) Hourly 25 (May) (0905hrs)
समाचार प्रभात 25 (May) दोपहर समाचार 24 (May) समाचार संध्या 22 (May) प्रति घंटा समाचार 25 (May) (0900hrs)
Khabarnama (Mor) 25 (May) Khabrein(Day) 24 (May) Khabrein(Eve) 24 (May)
Aaj Savere 25 (May) Parikrama 22 (May) Lok Ruchi Samachar 19 (May)

Listen Programs

Market Mantra 22 (May) Samayki 24 (May) Sports Scan 22 (May) Spotlight/News Analysis 22 (May)
    Public Speak

    Country wide 28 (Mar) Surkhiyon Mein 4 (Apr) Charcha Ka Vishai Ha 15 (May) Vaad-Samvaad 7 (May) Money Talk 7 (May) Current Affairs 22 (Mar)