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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (7134)	9/23/1999 11:07:00 PM
From: Mohan Marette	Read Replies (1) of 12475

US sanctions have little impact on India & Pakistan WASHINGTON: U.S. trade sanctions against nuclear rivals India and Pakistan have had a minimal impact on the two developing economies, as Japanese, European and Asian suppliers stepped in to fill the void, a U.S. government report said Thursday, reports Reuters. The U.S. International Trade Commission said the economic sanctions, which were imposed by Washington in May 1998 after the countries conducted tit-for-tat nuclear tests, have cost India's economy as little as $320 million and Pakistan only $57 million...... expressindia.com

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