What Does US Waiver Mean

The Day After - - INTERNATIONAL POLITICS -

The US Pres­i­den­tial waiver of its con­tro­ver­sial Coun­ter­ing Amer­ica’s Ad­ver­saries Through Sanc­tions Act (CAATSA) will be greeted with a sense of re­lief in both New Delhi and Wash­ing­ton. The two govern­ments have been work­ing hard to avert a stand-off over the is­sue. The mat­ter was par­tic­u­larly heated with In­dia mak­ing it clear it would go ahead with the S-400 Tri­umf mis­sile sys­tem deal with Rus­sia re­gard­less of the US law and the threat of sanc­tions. CAATSA, signed re­luc­tantly by Pres­i­dent Don­ald Trump last Au­gust would have forced his ad­min­is­tra­tion to im­pose sanc­tions on any coun­try car­ry­ing out sig­nif­i­cant de­fense and en­ergy trade with sanc­tioned en­ti­ties in Rus­sia, Iran and North Ko­rea. While the res­o­lu­tion of CAATSA-re­lated sanc­tions is wel­come, it isn’t the only ir­ri­tant in the U.S.-In­dia re­la­tion­ship that needs the at­ten­tion of the Ex­ter­nal Af­fairs and De­fense Min­is­ters at the ‘2+2 di­a­logue’ with their Amer­i­can coun­ter­parts sched­uled for Septem­ber. The sanc­tions pro­posed by the Trump ad­min­is­tra­tion for en­ergy trade with Iran still loom, as do pos­si­ble puni­tive mea­sures at the World Trade Or­ga­ni­za­tion over tar­iffs and counter-tar­iffs the two coun­tries have im­posed on each other.

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