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DATE=11/15/98
TYPE=CORRESPONDENT REPORT
NUMBER=2-241699
TITLE=INDIA / REACTION / L-O
BYLINE=ANJAPA PASRICHA
DATELINE=NEW DELHI
CONTENT=
VOICED AT: 
INTRO:  INDIA HAS REACTED SHARPLY TO THE UNITED STATES' MOVE TO 
BAR MORE THAN 200 INDIAN COMPANIES FROM CONDUCTING TRADE AND 
BUSINESS RELATIONS WITH THE U-S FIRMS.  THE LATEST U-S ACTION IS 
PART OF ECONOMIC SANCTIONS IMPOSED ON INDIA AFTER IT CONDUCTED 
NUCLEAR TESTS IN MAY OF THIS YEAR.  FROM NEW DELHI, ANJANA 
PASRICHA HAS A REPORT.
TEXT:  INDIAN COMMERCE MINISTER RAMAKRISHNA HEGDE HAS STRONGLY 
CONDEMNED THE U-S ACTION.  SPEAKING AT A TRADE CONFERENCE OF 77 
DEVELOPING NATIONS SUNDAY, HE SAID INDIA WILL LODGE A STRONG 
PROTEST WITH THE WORLD TRADE ORGANIZATION.
UNDER THE LATEST U-S MOVE, 40 INDIAN PUBLIC AND PRIVATE 
ORGANIZATIONS AND THEIR 200 SUBSIDIARIES BELIEVED TO BE INVOLVED 
IN NUCLEAR, MISSILE AND MILITARY PROGRAMS WILL BE AFFECTED. 
THE COMMERCE MINISTER'S REMARKS CAME AFTER BOTH INDIA'S FOREIGN 
MINISTRY AND DOMESTIC INDUSTRY SLAMMED THE LATEST U-S ACTION. 
A FOREIGN MINISTRY STATEMENT DESCRIBES THE U-S STEP AS A "HIGHLY 
UNFORTUNATE DEVELOPMENT."  IT SAYS THE MOVE IS PART OF WHAT IT 
CALLS A "COERCIVE APPROACH THAT IS ENTIRELY MISPLACED AND 
COUNTER-PRODUCTIVE."
A MINISTRY SPOKESMAN SAYS SUCH STEPS ARE UNHELPFUL IN IMPROVING 
BILATERAL RELATIONS. 
THE CONFEDERATION OF INDIAN INDUSTRY CALLS THE MOVE "UNCALLED 
FOR, UNTIMELY, AND HARMFUL TO INDO / U-S BUSINESS."  IT SAYS THE 
UNITED STATES SHOULD REVIEW ITS DECISION.
BUSINESS LEADERS SAY AMERICAN POLICY TOWARD INDIA IS 
DISAPPOINTING AND INCONSISTENT.  THEY POINT OUT THE LATEST STEP 
HAS BEEN ANNOUNCED JUST A WEEK AFTER THERE WAS A MOVE TO EASE 
SANCTIONS IMPOSED ON INDIA AND PAKISTAN.
INDIA AND THE UNITED STATES ARE ENGAGED IN A SENIOR-LEVEL 
DIALOGUE TO NARROW DIFFERENCES ON NUCLEAR DISARMAMENT ISSUES. THE
NEXT ROUND OF TALKS IS SCHEDULED TO TAKE PLACE LATER THIS MONTH. 
ONE OF THE GOALS OF THIS DIALOGUE IS LIFTING OF SANCTIONS, IN 
RETURN FOR NEW DELHI'S COMPLIANCE WITH NUCLEAR NON-PROLIFERATION 
TREATIES.  (SIGNED)
NEB / WD / WD
15-Nov-98 6:41 AM EST (1141 UTC)
NNNN
Source: Voice of America
.