U.S.-India Newsletter - September 2019

Over the years, and following the general elections in 2019, the partnership between the United States and India has gone from strength to strength. U.S.-India bilateral trade surged to more than $142 billion in 2018, up 12.7 percent from $126 billion in 2017, according to a report from the U.S.-India Strategic Partnership Forum (USISPF). In a significant development, India became the 37th country to be accorded the Strategic Trade Authorization-1 (STA-1) status by the United States. This has paved the way for greater collaboration and high-technology product sales to New Delhi, particularly in the civil space and defense sectors.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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