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Countering America’s Adversaries Through Sanctions Act (CAATSA):

GS Paper 2

Topics Covered: Effect of policies and politics of developed and developing countries on India’s interests, Indian diaspora.

 

Context:

Key lawmakers continue to voice their support for a sanctions waiver for India for its purchase of the S-400 missile defence system from Russia.

 

What’s the issue?

India is likely to begin taking delivery of the S-400 in November, potentially activating U.S. sanctions under a 2017 law, Countering America’s Adversaries Through Sanctions Act (CAATSA).

 

 

What is CAATSA, and how did the S-400 deal fall foul of this Act?

  • Countering America’s Adversaries through Sanctions Act (CAATSA)‘s core objective is to counter Iran, Russia and North Korea through punitive measures.
  • Enacted in 2017.
  • Includes sanctions against countries that engage in significant transactions with Russia’s defence and intelligence sectors.

current affairs

 

What sanctions will be imposed?

  1. prohibition on loans to the sanctioned person.
  2. prohibition of Export-Import bank assistance for exports to sanctioned persons.
  3. prohibition on procurement by United States Government to procure goods or services from the sanctioned person.
  4. denial of visas to persons closely associated with the sanctioned person.

current affairs

 

What is the S-400 air defence missile system? Why does India need it?

The S-400 Triumf is a mobile, surface-to-air missile system (SAM) designed by Russia.

current affairs

 

Insta Curious:

Do you know about the foundational agreements? There are three agreements called foundational agreements. Reference: read this.

 

InstaLinks:

Prelims Link:

  1. CAATSA is associated with?
  2. Powers of US president under CAATSA.
  3. Types of sanctions that can be imposed.
  4. Significant defence deals between India and Russia.
  5. Overview of Iran Nuclear deal.

Mains Link:

Discuss the features and significance of CAATSA.

Sources: the Hindu.