TWO days after the US State Department sanctioned 19 Indian companies and two Indian citizens on allegations that they were supplying items to the Russian military, India said they have a robust regulatory framework in place.
"We have seen reports on US sanctions. India has a robust legal and regulatory framework on strategic trade and nonproliferation controls. We are also a member of three key multilateral non-proliferation export control regimes—the Wassenaar Arrangement, the Australia Group and the Missile Technology Control Regime—and have been effectively implementing relevant UNSC sanctions and UNSC resolution 1540 on non-proliferation," Ministry of External Affairs spokesperson Randhir Jaiswal said on Saturday.
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