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U.S. stance on CAATSA unchanged
Why it is news?
- The US has reiterated the Countering America’s Adversaries Through Sanctions Act (CAATSA) in the context of India’s jet fighter deal with Russia.
About CAATSA:
- Aim: Taking punitive measures against Russia, Iran, and North Korea.
- Section 231 of the Act empowers the US President to impose at least five of 12 listed sanctions, enumerated in Section 235, on persons engaged in a “significant transaction” with the Russian defence and intelligence sectors.
- Waiver: US President has power to give waiver to countries to comply with law. Previously US has given waiver to India.