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US grants Strategic Trade Authorization-1 status to India

US grants Strategic Trade Authorization-1 status to India

Aug 04, 2018, at 04:59 pm

New Delhi, Aug 4 (IBNS): In a major development, the US has granted  Strategic Trade Authorization-1 (STA-1) status to India, thus allowing the Asian giant to gain a wide scope of exports without specific licenses, and equalling it with almost the NATO allies of America.