PRESS RELEASE  

Shiv S. Mukherjee 
Minister (Press, Information & Culture) 
Embassy of India 
Washington, DC 
(202) 939-7042 

June 18, 1998 

Government of India's response to the US Government's sanctions


We have taken note of the US Government's notification eleborating certain
 economic measures directed against India. It reiterates certain measures that were
 announced earlier and contains some additional measures which are on expected
 lines.

 We consider it regrettable that these impediments have been placed in the way of
 the growing economic cooperation between India and the US. Coercive measures
 such as these interfering with the free flow of trade, investment and technology are
 unjustified and counter-productive.

 The details of these measures are being studied in the relevant agencies. We shall
 take all steps necessary to safeguard our economic and national interests.

 We are confident that the large, diversified and dynamic Indian economy will
 continue to generate expanding opportunities for our trade and investment partners.
 We will strive to ensure that their engagement in the Indian economy continues to
 grow to mutual advantage.

 
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