US to update its MTCR export control policies for India
«We are continuing to take steps to further knock down barriers to private sector cooperation, and importantly, we are in the process of finalising national security memorandum that will update our own export control policies under the Missile Technology Control Regime (MTCR),» Finer said.
Finer, Deputy Secretary of State Kurt Campbell and Indian Ambassador to the US Vinay Kwatra visited Houston on Tuesday and met the astronauts of the Indian Space Research Organization (ISRO) who are training at NASA's Johnson Space Center to execute a joint effort of the International Space Station next year.
Created in 1987 by G-7 countries, MTCR is an informal political understanding among 35 member states that seeks to limit the proliferation of missiles and missile technology. India joined MTCR in 2016.
In practical terms, this would mean that US-based companies would face lower barriers in partnering with Indian companies," Finer said.
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