Context: Anti-sanctions law India
India is examining an European Union–style anti-sanctions (blocking) law after foreign firms withdrew services to Indian companies citing external sanctions (Nayara Energy case).
Issue
- Indian firms rely on foreign digital/financial services
- Providers may stop services due to home-country sanctions (extra-territorial)
- Threat to economic sovereignty + critical infrastructure
Trigger
- Microsoft suspended services to Nayara Energy
- Disrupted data, software, communication systems
- Exposed dependence on foreign service providers
India’s plan
- Exploring a blocking law (EU model)
Likely features
- Bar foreign firms from complying with external sanctions in India
- Ensure services via India-based entities
- Make such sanctions invalid within India
European Union model
- EU Blocking Statute (Regulation 2271/96, 1996)
Key provisions
- Ban compliance with extra-territorial sanctions
- Nullify foreign rulings
- Allow damages recovery
Aim
Protect firms from United States sanctions (Iran, Cuba)
