| PRESS RELEASE Navtej
Sarna
Counsellor (Press, Information & Culture)
Embassy of India, Washington, DC
(202) 939-7041
November 14, 1998
New Delhi
Following is a Statement made by Official Spokesman of the
Ministry of External Affairs on US Government publication of "Entities
List"
The US Government has published an "Entities List" of
Government Departments, Research Institutions, Public Section Undertakings and Private
Companies in India which will be subject to export restrictions and embargoes from the
United States.
We regard this as a highly unfortunate development. These restrictions interfere with the
free flow of trade, technology & finance and have an adverse impact on mutually
beneficial business interaction.
This decision reflects the continuation of a coercive approach that is entirely misplaced
and counter-productive. Such steps are unhelpful for meaningful discussions towards an
improvement in bilateral relations which is desired by both countries. |