US Removes Six Indian Facilities From Entity List

INDIA NEWS

Washington DC (SPX) Sep 01, 2005
In a significant step that would help increase the Indo-US high-technology trade, the United States has removed six Indian nuclear and space facilities from its restricted entities list.

The removal of the six Indian facilities from the Department of Commerce's entity list was expected to reduce the number of licence applications for exports and re-exports to India and increase high-technology trade between the two countries, an official statement said.

The move follows the signing of the landmark civilian nuclear energy pact between the two countries during Prime Minister Manmohan Singh's visit to the US last month.

The entities removed from the list included the Department of Atomic Energy facilities at Tarapur, Rajasthan and Kudankulam.

The other three are ISRO subordinate entities, specifically, the ISRO Telemetry, Tracking and Command Network, the ISRO Inertial Systems Unit, Thiruvananthapuram, and the Space Applications Centre, Ahmedabad. The ruling allowing removal of export and re-export licence requirements for the six Indian facilities became effective on Tuesday.

INDIA NEWS

India's Two Top Technology Firms Win Largest Ever Outsourcing Contract

Bangalore (AFP) Sep 01, 2005
India's two largest software companies said Thursday that Dutch-based bank ABN Amro had awarded each of them their largest ever outsourcing contracts totalling 400 million dollars.

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