India admitted into global export control regime Wassenaar Arrangement

An entry into the export control regime would enhance India's credentials in the field of non-proliferation despite not being a signatory to the NPT

Independence Day, Indian tri-colour, I-Day, Indian flag
Youngsters wave the national flag ahead of India's Independence Day, in Jammu on Saturday. (Photo: PTI)
Press Trust of India New Delhi
Last Updated : Dec 08 2017 | 10:31 AM IST
In a major development, leading export control regime Wassenaar Arrangement on Friday decided to admit India as its new member. 

The decision was taken at the grouping's plenary meeting in Vienna.

The grouping said India will be its 42nd member state as soon as the necessary formalities are completed.

Also Read

"Wassenaar Arrangement (WA) participating states reviewed progress of a number of current membership applications and agreed at the plenary meeting to admit India which will become the arrangement's 42nd participating state as soon as the necessary procedural arrangements for joining the WA are completed," the grouping said in a statement at the conclusion of its plenary meeting.

An entry into the export control regime would enhance India's credentials in the field of non-proliferation despite not being a signatory to the Non Proliferation Treaty (NPT).    



*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 08 2017 | 10:30 AM IST

Next Story