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U.S. POSITION ON CAATSA UNCHANGED

Focus: GS-II International Relations

Why in news?

  • Despite a change in the ground realities following the deadly clash between India and China along the Line of Actual Control (LAC) last month, the U.S’s message to countries, including India, on sanctions for the purchase of Russian arms has not changed.
  • This message was reiterated in the context of India’s planned jet fighter deal with Russia.

Details

  • The U.S. urged all of its allies and partners to forgo transactions with Russia that risk triggering sanctions under the Countering America’s Adversaries Through Sanctions Act (CAATSA).
  • In the light India’s recent approval of purchase from Russia, the Secretary of State has not made any determination regarding the significance of any transaction involving India.

Countering America’s Adversaries Through Sanctions Act, CAATSA

  • The Countering America’s Adversaries Through Sanctions Act, CAATSA is a United States federal law that imposed sanctions on Iran, North Korea, and Russia.
  • The Act empowers the US President to impose at least five of the 12 listed sanctions on persons engaged in a “significant transaction” with Russian defence and intelligence sectors.
  • The State Department has notified 39 Russian entities including almost all major Russian defence manufacturing and export companies/entities.

India and CAATSA

  1. In 2018, India inked an agreement worth more than 5 billion $ with Russia to procure four S-400 Triumf surface-to-air missile defence system, the most powerful missile defence system in the world ignoring the CAATSA act. The U.S. threatened India with sanctions over India’s decision to buy the S-400 missile defense system from Russia.
  2. Two oil companies ordered crude oil from Iran for November ignoring CAATSA. The United States threatened India with sanctions over India’s decision to buy oil from Iran.

Recently in news: Click Here to read more about the DAC Approval of Purchase of Fighter Jets and more

-Source: The Hindu

March 2024
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