Germany eases export control laws for India's nuclear sector

18 Jun 2011

1

New Delhi: Germany announced Friday easing of export control laws which will allow India access to dual use items. The development will immensely benefit the expanding nuclear energy sector.

"India has been removed from the list of countries subject to national export control restrictions. Now, India will be treated by us just like any other EU country," German ambassador, Thomas Matussek, said.

The move comes after a request made by Indian prime minister Manmohan Singh to German chancellor Angela Merkel last year to relax export control laws which would allow high technology trade with India.

The export control laws were modified by Germany a week before Merkel's 31 May visit to India.

"One week before the chancellor's visit to India, Germany modified its export control legislation vis-a-vis India. We have repealed our restrictions for the export of goods for nuclear power plants," ambassador Matussek said.

Business History Videos

History of hovercraft Part 3 | Industry study | Business History

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2 | Industry study | Business History

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1 | Industry study | Business History

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | Industry study | Business History

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more
View details about the software product Informachine News Trackers