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Economic Sanctions and the Arms Race in India & Pakistan

This week's In the News explores the United States' response to nuclear tests in India and Pakistan through economic sanctions. The eight resources discussed provide background economic pictures of India and Pakistan as well as recent press releases from the United States, India, Pakistan, and beyond. On May 11, 1998 India declared itself a nuclear state and conducted the first of five underground nuclear tests in defiance of international law. Neighboring Pakistan responded with a similar test on May 28 causing President Clinton to enact economic sanctions against both nations. Although India's Minister of Finance, Yashwant Sinha, is confident that a financially strong "new India," will not be affected by US action, Pakistan's fragile economy is highly dependent on US support and may lead to an end to this dangerous arms race.
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In the News: Economic Sanctions and the Arms Race in India and Pakistan
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Date Issued
1998
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Date of Scout Publication
June 4th, 1998
Date Of Record Creation
April 3rd, 2003 at 5:27pm
Date Of Record Release
April 3rd, 2003 at 5:27pm
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