Express View on US sanctions on Indian companies: Delhi should tread cautiously

On Wednesday, the US imposed sanctions connected astir 400 entities and individuals crossed the world, including 19 Indian firms and 2 Indian nationals, for allegedly helping Russia’s warfare efforts successful Ukraine. Most of the Indian entities sanctioned are suppliers of physics components, a fewer proviso craft parts and instrumentality tools and components, among different items. The US State Department says that the determination aims to code evasion of sanctions and people entities successful aggregate countries, including China, Malaysia, Thailand, Turkey and the UAE, isolated from India, for selling “items and different important dual-use goods to Russia, including captious components that Russia relies connected for its weapons systems to wage warfare against Ukraine”. Dual-use goods tin beryllium utilised for some civilian and subject applications. Many specified items are portion of the Common High Priority List (CHPL) made jointly by the US, the EU, Japan, and the UK. The CHPL lists galore items that Russia “seeks to procure for its weapons programmes”.

In the aftermath, portion determination whitethorn beryllium a temptation to grandstand against the US sanctions, it would assistance to recognize their context, and to measure their consequences for India’s home interests. There is simply a warfare raging successful Europe and determination is simply a increasing consciousness that it is apt to escalate. As such, the West is tightening sanctions to forestall Russia’s subject capableness from growing. The 2nd captious facet is that the sanctions person a wide sweep, crossed respective countries. India oregon Indian firms person not been specifically targeted oregon singled out. The 3rd cardinal constituent is that portion India has differences with the US connected Russia, it is besides existent that India has a beardown concern with the US erstwhile it comes to China.