The outgoing Biden administration is finalizing a national security memorandum that will update America's export control policies under the Missile Technology Control Regime (MTCR), a move that is likely to facilitate more cooperation between India and US companies in the space sector, the White House said on Tuesday.
The objective of revising the export control policies under the MTCR is to be able to advance commercial space cooperation even more with close partners like India, Principal Deputy National Security Advisor Jon Finer told reporters here in a conference call today.
"We are continuing to take steps to further knock down barriers to private sector cooperation, and importantly, we are in the process of finalising national security memorandum that will update our own export control policies under the Missile Technology Control Regime (MTCR)," Finer said.
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