US Lawmakers Introduce Bill to Ease High-Tech Exports to India
- ByStartupStory | September 9, 2023
Two influential lawmakers in the United States have introduced legislation in the House of Representatives to ease high-tech export restrictions to India, aiming to promote the unrestricted export of sensitive technologies and strengthen bilateral technology cooperation. The “Technology Exports to India Act” was introduced by Congressmen Gregory Meeks, Ranking Member of the House Foreign Affairs Committee, and Andy Barr, vice chair of the House India Caucus. This legislation seeks to facilitate the sale of high-performance computers and related equipment to India while enhancing technology cooperation between the two countries.
“As President Biden visits India for the G-20 Summit, we are happy to introduce the Technology Exports to India Act’ to bolster technology cooperation between the United States and India,” the two lawmakers said in a joint statement.
“This bill removes restrictions on the sale of US products, such as digital computers and electronic assemblies, to India without a Department of Commerce license, thereby enhancing US-India technology trade, linkages between our technology companies, and supply chain resilience for a critical industry,” they wrote.
“In light of the further strengthening of our strategic partnership with India, this legislative change reduces regulatory barriers to technology cooperation,” Meeks and Barr said. The Bill says Congress feels that greater technological and defense cooperation with India is critical to tackling shared geopolitical and security challenges.
As such it is important to reduce regulatory barriers to technological cooperation with India in ways that enhance national security and advance strategic priorities, the Bill says. The Bill says President Biden providing flexibility to export high-performance computers to India would bolster United States-India technological cooperation and demonstrate Congress’s commitment to India as a strategic partner.
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