Source : GKTODAY; July 31, 2018
United States has designated India as Strategic Trade Authorization-1 (STA-1) country that will allow country to buy highly advanced and cutting-edge sensitive technologies from America. This coveted status brings India in par with US’s closest allies and partners such as NATO.
STA-1 designation authorizes export, re-export and transfer (in-country) of specified items on Commerce Control List to destinations posing a low risk of unauthorised or impermissible uses. Currently there are 36 countries on STA-1 list. India is only South Asian country to be on the list. Other Asian countries designated as STA-1 are Japan and South Korea.
Key Facts Under STA-1, India and US have reached understanding under which India will receive license-free access to wide range of dual-use technologies in conjunction with steps that India has committed to take to advance its export control objectives. STA-1 treatment will expand scope of technology exports subject to Export Administration Regulations (EAR) that can be made to India without individual licenses. It will further enhance bilateral defence trade relationship and result in a greater volume of US exports to India.