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India needs to carefully navigate US sanctions on certain firms to safeguard business interests: GTRI

By Economic Times - 7 hours ago
The US recently imposed sanctions on several Indian companies for allegedly supporting Russia's military activities in Ukraine. The think tank GTRI advises Indian businesses to navigate these sanctions carefully to protect their interests. GTRI suggests that India could engage in diplomatic talks and tighten export controls to prevent future sanctions. The incident underscores the importance for Indian businesses to comply with international trade regulations, particularly when dealing with sensitive goods.

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