US Elevated India’s Status To STA-1 To Ease Export Controls For High-Tech Product Sales

The United States has eased export controls for high-technology product sales to India by elevating its status to a Strategic Trade Authorisation-1 (STA-1) country. The information was shared by US Commerce Secretary Wilbur Ross. 
With the move, the United States has granted India the same access as NATO allies, Australia, Japan and South Korea. 

Source- NDTV News

Static/Current Takeaways Important for SBI PO/Clerk Exam 2018- 

  • The STA-1 list currently comprises 36 countries in total. 
  • India is the only South Asian country to feature on the list. Other Asian countries designated as STA-1 include Japan and South Korea.