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Obama to Ease Export Rules for India Defense Companies

U.S. President Barack Obama will announce a relaxation in export controls for India today to reduce barriers to commerce and align the countries’ trade regimes to reflect their strategic alliance, an administration official said.

As part of the agreement, the Obama administration will support India’s full membership in multilateral nuclear non-proliferation regimes and remove India’s defense and space organizations from the U.S. “entities list,” which restricts them from doing business with the U.S.