The Biden Administration has taken this decision just a few days before handing over the command of the presidency to Donald Trump.
The US administration has lifted the ban imposed during the Cold War on three Indian companies – Indian Rare Earths, Indira Gandhi Atomic Research Center and Bhabha Atomic Research Center (BARC). The Biden Administration has taken this decision just a few days before handing over the command of the presidency to Donald Trump. According to PTI news, the Bureau of Industry and Security (BIS) of the Commerce Department has given this information. BIS said this initiative of the US Administration will support US foreign policy objectives by reducing barriers to advanced energy cooperation, including joint research and development and science and technology cooperation towards shared energy security needs.
partner countries benefited
Additionally, BIS added 11 entities under the People’s Republic of China (PRC) to the Entity List for activities contrary to US national security and foreign policy interests, according to the news. BIS said the US and India are committed to advancing peaceful nuclear cooperation and related research and development activities, as well as strengthened science and technology cooperation over the past several years, helping both countries and their partner countries around the world. Profit has been made.
National security and global cooperation will get support
Alan F. Estevez, Under Secretary of Commerce for Industry and Security, said that as these actions demonstrate, the Entity List is a powerful tool that can be used to shape behavior that advances U.S. national security and global cooperation. Could. He says that with the addition and removal of these entity lists, we have sent a clear message that these are the consequences of supporting the PRC’s military modernization. Alternatively, there are incentives to work with the US to pursue shared foreign policy goals and stronger bilateral relations.
closer cooperation will be possible
Matthew Borman, Principal Deputy Assistant Secretary of Commerce for Export Administration, said lifting the ban on three Indian entities will enable closer cooperation between the United States and India to secure a more resilient critical minerals and clean energy supply chain. He said this action is consistent with and supports the overall ambition and strategic direction of the US-India partnership. Former Indian Ambassador to the US Taranjit Singh Sandhu welcomed the move and called it a result of deepening India-US partnership.
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