INDIAN MOD FORMALLY LIFTS BLACKLISTING OF SOUTH AFRICAN ARMS COMPANY

On 7th September, Janes.com reported that the Indian Ministry of Defence announced on 6th September that it has formally lifted its defence trade ban on South African defence company Denel.  The decision comes 13 years after it blacklisted Denel following South African news reports alleging corruption in a defence contract awarded to the company to supply firearms and ammunition to the Indian Army.

https://www.janes.com/article/82838/indian-mod-formally-lifts-denel-blacklisting

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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