Economy, asked by djbarwo951, 1 year ago

What impacts will be on india if us sanctions are implemented on india?

Answers

Answered by ujjwalsinghrajput26
1
In 1998, India conducted nuclear tests and the U.S. imposed various sanctions on India. The effects of these sanctions was very limited and did not stop growth in the Indian economy. The current situation is slightly different, as the U.S. is now after India to stop it’s purchases of Iranian Oil and to not buy the S-400 missile defense system from Russia. In both cases, the Indian interests are being negated for interests which are not even in the benefit of region. As Iran has not violated the Nuclear Deal, nor has it sponsored terrorism in India in the past 70 years. This task has been conducted by American Ally Pakistan. A nation which has attacked India in three wars, and been supported by the U.S. in each war, as well as with American foreign aid. A clear double standard is apparent, and much of the U.S. rhetoric is simply aimed at continuing to destabilize the region and slow down Indian growth and influence. If actualities were looked at, Saudi Arabia a nation most responsible for terrorism around the world, is not sanctioned. A similar approach is developing with China, as here once more arbitrary accusations are being made. Many of which do not line up with actual trade policies being made by China. Thus, the strategy is seems to be, to drive up the cost of energy and slow down the Indian economy. On the other hand the policy will increase the price of Chinese products and slow the Chinese economy as well.

ujjwalsinghrajput26: hope it help
Similar questions