US working out new India-specific export control regime

Image
Press Trust Of India Washington
Last Updated : Jan 21 2013 | 3:13 AM IST

Anticipating a wider cooperation with India in space and defence, the US is working out a new India-specific export control regime to ease restrictions on export of hi-tech equipment.

Such an export control regime, which would also address the concerns of New Delhi, was expected to be in place before the November visit of President Barack Obama to India, a top State Department official said. The new policy will also remove restrictions on export of hi-tech equipment and weapon sales to India.“Another India-specific review is underway”, Assistant Secretary of State for South and Central Asia Robert Blake said.

*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: Jun 09 2010 | 12:53 AM IST

Next Story