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US removes sanctions on BARC, two other Indian companies

Days ahead of passing the baton of presidency to Donald Trump, the Biden administration on Wednesday announced to lift sanctions on three Indian entities - Indian Rare Earths, Indira Gandhi Atomic Research Center (IGCAR),
The United States has lifted sanctions on India's Bhabha Atomic Research Centre (BARC) and two other Indian companies, as reported by the Indian Express. This decision comes after these entities were previously blacklisted for engaging in activities related to nuclear proliferation and missile technology. The removal of these sanctions is seen as a move to strengthen bilateral ties between the US and India, particularly in the realm of nuclear cooperation and technology transfer. The development is part of broader efforts to enhance strategic partnerships, especially in light of shared concerns over regional security dynamics.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/other/us-removes-sanctions-on-barc-two-other-indian-companies/ar-AA1xgjsQ ]