Violation by two Indian firms ruled out

By agencies   |   Tuesday, 08 August 2006, 19:30 IST
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NEW DELHI: Balaji Amines and Prachi Poly Products, the two companies slapped with imposed sanctions by the U.S. for allegedly supplying banned equipment and technology to Iran, were proved not to have violated Indian and international regulations during the ‘preliminary assessment’ at New Delhi. The spokesperson of the external Affairs Ministry said that the U.S. sanctions on these two Indian companies were not justified as no violation of the regulations and international obligations were observed. He said, “Government of India's commitment to prevent onward proliferation is second to none. We have instituted a rigorous system of export controls and our track record in this regard is well known. India is working with the international community, including the U.S., as a partner against proliferation. In this context the imposition of sanctions by the U.S. on our firms — which in our view have not acted in violation of our laws or regulations — is not justified.”

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