US Lifts Sanctions on Four Indian Companies Linked to Russia Trade

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The United States has removed four Indian firms from its sanctions list, which had been imposed over trade connections with Russia. Among those previously sanctioned was Galaxy Bearings Ltd, which was blacklisted in October 2024. The company had been accused of exporting high-priority dual-use equipment, including roller bearings and roller assemblies, to Russian entities. Dual-use goods are items that can serve both civilian and military purposes, making their export to Russia a concern for Western authorities. The removal of these firms from the sanctions list marks a notable shift in the US approach toward Indian companies caught in the crossfire of Russia-related trade restrictions.

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