{"id":28214,"date":"2018-10-24T11:20:29","date_gmt":"2018-10-24T05:50:29","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=28214"},"modified":"2018-10-24T11:20:29","modified_gmt":"2018-10-24T05:50:29","slug":"sanctions-relief","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/sanctions-relief\/","title":{"rendered":"Sanctions relief"},"content":{"rendered":"<p><a href=\"https:\/\/www.thehindu.com\/opinion\/editorial\/sanctions-relief\/article24514443.ece\">Sanctions relief<\/a><\/p>\n<p><strong><u>News:<\/u><\/strong><\/p>\n<ol>\n<li>The CAATSA standoff is posing a major hurdle in India-U.S. relations.<\/li>\n<\/ol>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-23509 size-full\" src=\"https:\/\/i0.wp.com\/blog.forumias.com\/wp-content\/uploads\/2018\/07\/military-1.jpg?resize=599%2C304\" alt=\"\" width=\"599\" height=\"304\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2018\/07\/military-1.jpg?w=599&amp;ssl=1 599w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2018\/07\/military-1.jpg?resize=150%2C76&amp;ssl=1 150w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2018\/07\/military-1.jpg?resize=300%2C152&amp;ssl=1 300w\" sizes=\"auto, (max-width: 599px) 100vw, 599px\" \/><\/p>\n<p><u>Important facts:<\/u><\/p>\n<p>2. Recently, the U.S. congress allowed the introduction of a presidential waiver of its controversial Countering America\u2019s Adversaries through Sanctions Act (CAATSA).<\/p>\n<p>3. Both sides are working hard to standoff over issue.<\/p>\n<p>4. The situation became even more tensed because India has decided to go ahead with S-400 deal with Russia despite U.S. sanctions.<\/p>\n<p><u>5. CAATSA:<\/u><\/p>\n<ul>\n<li>Signed by President Donald Trump last year against Russia for influencing and manipulating the 2016 presidential election process.<\/li>\n<li>It imposes sanctions on any country carrying out significant defence and energy trade with sanctioned entities in Russia, Iran and North Korea.<\/li>\n<li>The sanctions which are implemented through executive order create both primary sanctions risk and secondary sanction risk.<\/li>\n<li>It aims to counter the aggression through punitive measures.<\/li>\n<li>Primary sanction<strong>:\u00a0<\/strong>under this U.S. persons are generally prohibited from transacting with blocked persons or organisation.<\/li>\n<li>Secondary sanction<strong>:\u00a0<\/strong>Non-U.S. persons could face the imposition of secondary sanctions under Section of CAATSA. This prohibit the foreign government and companies to do business with Russia.<\/li>\n<\/ul>\n<p><u>6. Recently, Indian authorities has made three fold case for the waiver:<\/u><\/p>\n<ul>\n<li>India has made it clear that no weapons India bought would be used against the U.S.<\/li>\n<li>The U.S. which wants to partner with India in the Indo-pacific. It would hamper India\u2019s military abilities by applying the sanctions.<\/li>\n<li>India has significantly reduced its dependence on Russian military hardware while increasing defence purchases from the U.S.<\/li>\n<\/ul>\n<p>7. Recently, U.S. decided to push for waiver for countries like India, Vietnam and Indonesia.<\/p>\n<p>8. The Joint Explanatory Statement of the Committee of Conference has accepted the need for waivers.<\/p>\n<p>9. The \u201cmodified waiver authority\u201d, or amendment to section 231 of CAATSA proposed by congress, allows the President to waive sanctions in certain circumstances, for six months at a time, if it is in U.S\u2019s national security interest.<\/p>\n<p>10. The issue further needs to grasp attention during the upcoming 2+2 dialogue between the Indian and U.S defence and a foreign minister.<\/p>\n<p>11. Apart from CAATSA, other areas which are destroying the Indo-U.S relations is sanctions proposed by the Trump for energy trade with Iran.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sanctions relief News: The CAATSA standoff is posing a major hurdle in India-U.S. relations. Important facts: 2. Recently, the U.S. congress allowed the introduction of a presidential waiver of its controversial Countering America\u2019s Adversaries through Sanctions Act (CAATSA). 3. Both sides are working hard to standoff over issue. 4. The situation became even more tensed&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/sanctions-relief\/\">Continue reading <span class=\"screen-reader-text\">Sanctions relief<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-28214","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704746238},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/28214","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=28214"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/28214\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=28214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=28214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=28214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}