New Delhi: Response to recent US sanctions India’s Ministry of External Affairs (MEA) confirmed on Saturday that India is actively engaging with US authorities to address concerns surrounding the measures. Sanctions imposed by the U.S. State Department target 19 indian company Two individuals have been charged with providing materials and technology to Russia, allegedly assisting its forces in ongoing military operations conflict in ukraine.
Randhir Jaiswal, MEA spokespersonTalking about India’s strict non-proliferation policy, he said: “India has a sound legal and regulatory framework in terms of non-proliferation. strategic trade and nonproliferation controls. We are members of major multilateral organizations Export controls system and effectively implement relevant United Nations Security Council sanctions, including Resolution 1540 on non-proliferation.
Despite the US accusations, Jaiswal stressed that the relevant transactions did not violate Indian laws and emphasized that India is committed to constantly updating export control provisions and ensuring that companies understand the applicable restrictions. “Our understanding is that the sanctioned transactions do not violate Indian law. We are in contact with the US authorities for clarification,” he added.
Indian companies claim minimal impact
Companies affected by the sanctions, such as Shreegee Impex Private Limited and TSMD Global, claimed that the sanctions would not affect their operations. Expressing confusion over the decision, Praveen Tyagi, director of Shreegee Impex, said, “I don’t know why these measures are being imposed on us. But it will not have any impact on us as we neither import from the US nor Exported to the United States”
A similar sentiment was echoed by Rahul Kumar Singh, director of TSMD Global, who explained: “We are an automotive parts and farm equipment supplier and we do not do any business with the United States. We do not do business with Russia. Business will continue as usual.
economic and political analysis
Economists believe the sanctions could send a larger geopolitical message. Manoranjan Sharma, Chief Economist at Infomerics Ratings, commented on the timing, stating: “This may be an attempt to influence the US election on November 5. While it sends a message to both governments, it is unlikely to have any impact on either Indian party. significant impact.
“The impact of these measures is extremely limited,” Sharma continued, downplaying any significant strain on India-U.S. relations caused by India’s policy discussions on Sikh extremism.
Ongoing conversation about deportation
Jaiswal also addressed the recent deportation of Indian nationals from the US as part of discussions between India and the US, saying, “We have regular dialogue with the US on immigration and mobility issues… to facilitate the movement of people who are illegally staying in the US. This ongoing cooperation aims to create more legal immigration opportunities,” Jaiswal noted, stressing that India will continue its efforts to reduce illegal immigration.
