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Facing Prospects of US Sanctions, India Attacks Unilateral Embargoes

Facing Prospects of US Sanctions, India Attacks Unilateral Embargoes

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  2 Nov 2018 2:40 AM GMT

United Nations: Facing the prospects of US sanctions over its deals with Russia and Iran, India has used the annual General Assembly debate on Washington’s economic blockade of Cuba to lash out against unilateral embargoes. “As the world’s largest democracy with abiding faith in multi-lateralism, India stands in solidarity with this Assembly in its unambiguous rejection of domestic laws having extraterritorial impact,” Tanmaya Lal, India’s Deputy Permanent Representative, said on Wednesday. India has always opposed the Cuban sanctions.

“Every year this Assembly has rejected the imposition of laws and regulations with extra-territorial impact and all other forms of coercive economic measures that hurt the progress and prosperity of the people the world over,” Lal said. The Cuban sanctions do not directly affect countries like India that trade with Havana. Although the US embargo mostly restricts engagement by American companies and individuals with the Caribbean country, it does have spillover effects on companies from other countries. India and most countries oppose the Cuban embargo on principle and maintain that domestic laws should not have extra-territorial effect on other countries. Only the Security Council can impose international sanctions under the UN Charter as it has done, for example with North Korea.

The US has warned India it could face sanctions under its domestic law, the Countering America’s Adversaries Through Sanctions Act (CAATSA), for a deal to buy an advanced air defence missile system, the S400. The Iran sanctions that come into force on November 4 that could hit India, which buys oil from Tehran and has several projects there like the Chabahar port development. Trump could exempt India from the sanctions, but has not said so far if he would. (IANS)

Also Read: Iran Offers Oil to Private Sector to Counter US Sanctions

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