STA-1 status from U.S. welcome, says India

India has welcomed the decision of the U.S. government to grant it the status of a trading partner equivalent to its closest allies in the NATO. This decision is likely to boost India’s defence trade with the U.S. The Ministry of External Affairs, in a statement, said it proved India’s responsible record as a defence player.

Apart from India, other Asian countries in the STA-1 list are Japan and South Korea.
“This step will further facilitate trade and technology collaboration in defence and high technology areas. We look forward to the U.S. side operationalising the decision at an early date,” the MEA said.
Source:https://www.thehindu.com/todays-paper/tp-national/sta-1-status-from-us-welcome-says-india/article24567766.ece

About ChinmayaIAS Academy - Current Affairs

Check Also

HUMAN DEVELOPMENT INDEX

CONTEXT: India ranked 131 among 189 countries on the Human Development Index (HDI) for 2019, …

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Free Updates to Crack the Exam!
Subscribe to our Newsletter for free daily updates