India’s Ministry of External Affairs (MEA) has approved the United States’ recent decision to remove three Indian firms from its prohibited entity list. This action is regarded as a major step in strengthening the two countries’ bilateral relations and promoting energy cooperation.
Indian Rare Earths Limited (IREL), the Indira Gandhi Centre for Atomic Research (IGCAR), and the Bhabha Atomic Research Centre (BARC) are no longer subject to restrictions imposed by the US Bureau of Industry and Security (BIS). These government-run organizations play a key role in India’s rare earth minerals and nuclear energy industries.
In line with US foreign policy goals, the removal of these organizations is meant to promote greater collaboration in supply chains for clean energy and essential minerals. It is anticipated that this ruling will lower obstacles to collaboration in advanced energy, particularly cooperative R&D projects.
This move is in line with a longer-standing commitment to peaceful nuclear cooperation in the larger framework of US-Indian ties. The declaration was made soon after US National Security Advisor Jake Sullivan visited India and spoke about the significance of operationalizing the agreement on civil nuclear cooperation that was made almost twenty years ago.
The MEA hailed this development as a “welcome step,” highlighting how it could improve US-Indian cooperation. The ministry emphasized that such measures strengthen the strategic partnership between the two nations and support common objectives in energy security and technological growth.
The MEA hailed this development as a “welcome step,” highlighting how it could improve US-Indian cooperation. The ministry emphasized that such measures strengthen the strategic partnership between the two nations and support common objectives in energy security and technological growth.
An important development in US-Indian relations, especially with regard to nuclear energy and technology collaboration, is the removal of these three Indian entities from the US Entity List. It shows a shared commitment to strengthening bilateral relations through joint scientific and technological endeavors, which will ultimately advance the goals of both countries’ energy security.
