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Berlin -- The White House has revealed the specific sanctions it has ordered imposed on India because of that country's nuclear explosive test May 11. A presidential determination released earlier May 13 said the United States had determined that there had been a May 11 detonation of a nuclear explosive device. Press Secretary Mike McCurry, in a May 13 statement in Berlin, said the United States is terminating all foreign aid and military assistance to India, denying it credit from any US government entity, prohibiting most US bank loans to the government of India, and barring exports of specific technologies to India. The US government will also oppose any loans or financial assistance to India by any international financial institution.
Following is the White House text: On Wednesday, May 13, 1998, the President reported to Congress that he had imposed sanctions on India as a consequence of that country's May 11 nuclear test explosion. These sanctions were required by Section 102 of the Arms Export Control Act, otherwise known as the Glenn Amendment. The sanctions imposed are as follows:
Finally, the Secretary of State is making a similar determination under Section 2 (b) (4) of the Export-Import Bank Act of 1945; thereafter, the Board of Directors of the Export-Import Bank may not give approval to guarantee, insure, or extend credit, or participate in the extension of credit in support of United States exports to India.
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