The Hindu : Andhra Pradesh / Hyderabad News : `Export controls not a barrier for Indo-U.S. trade'

Online edition of India's National Newspaper
Thursday, Sep 21, 2006
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Andhra Pradesh

Andhra Pradesh - Hyderabad

`Export controls not a barrier for Indo-U.S. trade'

Special Correspondent

USEFUL INTERACTION : Steven C. Goldman, Director, Office of Non-Proliferation & Treaty Compliance, in conversation with Srini Raju, member, steering committee of FICCI, in Hyderabad on Wednesday. — PHOTO: P.V. Sivakumar

HYDERABAD: Export controls are not a constraint for expanding Indo-US high technology trade and 99 per cent of US items exported to India do not require a licence.

This was stated by Steven C. Goldman, Director, Office of Non-Proliferation and Treaty Compliance, US Department of Commerce, at a seminar on `Current and prospective opportunities for US-India high technology trade' here on Wednesday.

The seminar was organised by the US Department of Commerce and Indian Ministry of External Affairs in collaboration with the Federation of Indian Chambers of Commerce and Industry.

Pointing out that the trade opportunities between the two countries were not fully exploited, he referred to `misperceptions that export controls pose a major barrier.'

Giving a comparative account of the US advanced technology exports to India and China, he said that trade with China was much higher than India although more stringent export control rules were in place for that country.

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