Global Expansion: India's New Move on Dual-Use Goods

The Indian government has broadened the Global Authorisation for Intra-Company Transfer of dual-use goods, including certain software and technologies, across 41 countries. This policy change, announced by the Directorate General of Foreign Trade, encompasses SCOMET items for industrial and military applications, including nations like Russia, the UK, and the US.

The Indian government has taken a significant step in enhancing global trade flexibility by including more dual-use goods under the Global Authorization for Intra-Company Transfer. The newly expanded policy, effective in 41 countries, aims to facilitate seamless export and re-export operations.

These dual-use goods, which are crucial for both industrial and military applications, fall under the SCOMET category and now enjoy a liberalized framework for transfer. Key nations benefiting from this policy adjustment include Russia, the UK, and the US.

The Directorate General of Foreign Trade, in an official notification, confirmed that the update covers critical technology and software items. This includes materials necessary for gas turbine development and equipment designed to counter explosive devices, reflecting India's commitment to boosting international trade.

(With inputs from agencies.)