With reference to the US Entity List and its implications for Indo-US nuclear cooperation, consider the following statements:
1. The US Entity List includes foreign entities subject to specific export restrictions and licensing requirements.
2. Removal of Indian entities from the US Entity List would facilitate unrestricted nuclear trade between India and the United States.
3. The Indo-US Civil Nuclear Deal allows India to engage in nuclear trade despite not being a signatory to the Non-Proliferation Treaty.
Which of the above statements is/are correct?
Explanation:
Statement 1 is correct. The US Entity List includes foreign individuals, businesses, and organizations subject to specific export restrictions and licensing requirements for certain goods and technologies.
Statement 2 is incorrect. While removal from the Entity List would ease some restrictions, it would not lead to unrestricted nuclear trade. Other legal barriers, such as the US 10CFR810 regulations and India's Civil Liability for Nuclear Damage Act, 2010, would still impact full cooperation.
Statement 3 is correct. The Indo-US Civil Nuclear Deal, signed in 2008, allows India to engage in nuclear trade despite not being a signatory to the Non-Proliferation Treaty, marking a significant exception in global nuclear policy.
Explanation:
Statement 1 is correct. The US Entity List includes foreign individuals, businesses, and organizations subject to specific export restrictions and licensing requirements for certain goods and technologies.
Statement 2 is incorrect. While removal from the Entity List would ease some restrictions, it would not lead to unrestricted nuclear trade. Other legal barriers, such as the US 10CFR810 regulations and India's Civil Liability for Nuclear Damage Act, 2010, would still impact full cooperation.
Statement 3 is correct. The Indo-US Civil Nuclear Deal, signed in 2008, allows India to engage in nuclear trade despite not being a signatory to the Non-Proliferation Treaty, marking a significant exception in global nuclear policy.