July 31, 2018 2:01 PM

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India welcomes US Govt's decision to move it into Tier-1 of Department of Commerce's Strategic Trade Authorization license exception

<span style="color: #222222;">India has welcomed the US Government's decision to move it into Tier-1 of the Department of Commerce's Strategic Trade Authorization license exception. In a press release, the External Affairs Ministry said, India said it is looking forward to the US side operationalizing the decision at an early date. </span><br />'' <br />'' <br />'' <span style="color: #222222;">It said, it is a logical culmination to India's designation as a Major Defense Partner of the US and a reaffirmation of India's impeccable record as a responsible member of the concerned multilateral export control regimes. The MEA said, this step will further facilitate India-U.S. trade and technology collaboration in defence and high technology areas. </span><br />'' 

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