Tuesday, September 02, 2014

Japan lifts ban on HAL and 5 other Indian entities

Tokyo: Japan today lifted ban on HAL and five other Indian entities, which had been imposed in the aftermath of the 1998 nuclear tests, amid Prime Minister Narendra Modi's assertion that cooperation between the two countries in defence and security will get a "new direction".

The lifting of the ban was announced by Modi at his joint media interaction with Japanese counterpart Shinzo Abe here after their talks during which they discussed ways to enhance cooperation in various areas to make it Special Strategic and Global Partnership.
"Japan has decided to remove ban on some entities," he said.

Sources later said the ban had been lifted on six entities, including Hindustan Aeronautics Limited. However, four entities still remain in the banned list.
The removal of the ban will enable these companies to have cooperation with Japanese firms, including transfer of technology.
01/09/14 Economic Times
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