PREVIOUS
✖
India Designated Strategic Trade Authorization-1 (STA-1)
August 1 , 2018
2312 days
867
0
- United States has designated India as Strategic Trade Authorization-1 (STA-1) country.
- This will allow India to buy highly advanced and cutting-edge sensitive technologies from America.
- This coveted status brings India in par with US’s closest allies and partners such as NATO.
- Currently, there are 36 countries on the STA-1 list. India is the only South Asian country to be on the list. Other Asian countries designated as STA-1 are Japan and South Korea.
- STA-1 designation authorizes export, re-export, and transfer (in-country) of specified items on Commerce Control List to destinations posing a low risk of unauthorized or impermissible uses.
- STA-1 treatment will expand the scope of technology exports subject to Export Administration Regulations (EAR) that can be made to India without individual licenses.
Leave a Reply
Your Comment is awaiting moderation.