In touch with US to clarify issues: MEA on sanctions on Indian entities

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"In keeping with India's established non-proliferation credentials, we are working with all relevant departments and agencies to sensitise Indian companies on applicable export control provisions as also inform them on new measures being implemented that could impact Indian companies in certain circumstances," Jaiswal said.

In the wake of the US imposing sanctions on several individuals and entities, including from India, for allegedly supporting Russia's military-industrial base, the MEA Saturday said New Delhi is in touch with Washington to clarify issues.

MEA spokesperson Randhir Jaiswal, in response to a query during his weekly briefing, also said India has a "robust legal and regulatory framework" on strategic trade and non-proliferation controls.

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Category: BusinessFinance

Markets: IndiaChinaSwitzerlandThailand

Topics: US sanctions Russia Ukraine conflict India US relation US sanction on Indian companies

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Article Type: News Report

Published On: 2024-11-02 @ 16:34:43 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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Sentences: 11 lines

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