Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list
New Delhi: Nineteen Indian companies sanctioned by the US Wednesday for their alleged role in supporting the Russian ‘war machine’ did not “violate” Indian laws with their transactions, the Ministry of External Affairs (MEA) made clear Saturday. It added that India is in touch with American authorities to clarify issues regarding export controls.
“Our understanding is that the sanctioned transactions and companies are not in violation of Indian laws. Nevertheless in keeping with India’s established non-proliferation credentials, we are working with all the relevant Indian departments and agencies to sensitise Indian companies on applicable export control provisions as well as inform them on new measures being implemented that could impact Indian companies in certain circumstances,” MEA sp...