‘We are working to sensitize Indian companies’: MEA on US sanctions imposed on Indian entities in connection with the Russia-Ukraine war

The Ministry of External Affairs said on November 2 that India was in New Delhi and in contact with Washington to clarify the issue after the United States imposed sanctions on several individuals and entities, including India, for allegedly supporting a Russian military base industrial during its war with Ukraine.

MEA spokesperson Randhir Jaiswal said, “We have seen these reports of US sanctions. We are also in contact with US authorities to clarify the issues.”

The United States has published a list of almost 400 entities and people that have been sanctioned for allowing Russia to prosecute its “illegal war” with Ukraine.

“The latest sanctions are intended to deter sanctions evasion and target entities in a number of third countries, including the People’s Republic of China (PRC), India, Malaysia, Thailand, Turkey and the United Arab Emirates (UAE), the US Department of State said in the official release.

In response to a question during the weekly briefing, Jaiswal said India has a “robust legal and regulatory framework” for strategic trade and non-proliferation controls.

“We are also a member of three key multilateral non-proliferative export control regimes,” he added.

“In line with India’s established non-proliferation principles, we are working with all relevant departments and agencies to sensitize Indian businesses on applicable export control laws and also inform them about the implementation of new measures that may impact Indian businesses in certain circumstances,” Jaiswal said . .

The statement said that in addition to disrupting global fraud networks, the latest U.S. actions also targeted domestic Russian importers and producers of key raw materials and other materials for Russia’s military-industrial base.