The US decision meets a long-pending Indian demand and is the first step to implement the export control policy initiative announced by US President Barack Obama and Prime Minister Manmohan Singh on November 8 last, after their summit talks in New Delhi.
The Federal notification issued in the Federal registry came days ahead of the high-profile visit of Commerce Secretary Gary Locke to New Delhi on February 6.
“Today’s action marks a significant milestone in reinforcing the US-India strategic partnership and moving forward with export control reforms that will facilitate high technology trade and cooperation,” Locke said after the notification was issued.
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