As the United States and India continue to strengthen their defence trade partnership, the spectre of penalties related to the Countering America’s Adversaries Through Sanctions Act (CAATSA) remains a risk that India is not safeguarded against, it has been confirmed to Jane’s .
Despite some media reports in India suggesting that the Asian country has been awarded ‘waiver’ status under CAATSA – effectively shielding it from US sanctions linked to purchases of Russian military equipment – a US Department of State official told Jane’s such country-specific dispensations are not made available under the Act. Read More…
