INTERNATIONAL

US lawmakers approve India specific CAATSA waiver

(UTV | UNITED STATES) – The US House of Representative on Thursday passed a legislative amendment that approves an India-specific waiver for punitive CAATSA sanctions.

Authored and introduced by Indian-American Congressman Ro Khanna, the amendment urges the Biden administration to use their authority to provide India with a Countering America’s Adversaries Through Sanctions Act (CAASTA) waiver.

The legislative amendment was passed on Thursday by voice vote as part of an en bloc (all together as a single unit) amendment during floor consideration of the National Defense Authorization Act (NDAA).

“This amendment is of the utmost importance, and I am proud to see it pass the House on a bipartisan basis,” he said.

In his remarks on the House floor, Khanna said there is no relationship of greater significance to US strategic interests than the US-India partnership.

“My bipartisan NDAA amendment marks the most significant piece of legislation for US-India relations out of Congress since the US-India nuclear deal,” Khanna said.

The legislation says that the United States-India Initiative on Critical and Emerging Technologies (ICET) is a welcome and essential step to developing closer partnerships between governments, academia, and industry in the two countries to address the latest advances in artificial intelligence, quantum computing, biotechnology, aerospace, and semiconductor manufacturing.

Such collaborations between engineers and computer scientists are vital to help ensure that the United States and India, as well as other democracies around the world, foster innovation and facilitate technological advances which continue to far outpace Russian technology, it said.

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