Banks hit economic sanctions on India

Kraus, James R.
May 1998
American Banker;5/14/1998, Vol. 163 Issue 91, p1
Trade Publication
Focuses on the reaction of the banking community in the United States (US), to a decision by President Bill Clinton, to impose economic sanctions on India since its resumption of nuclear testing. Comments from Michael Heavener, executive vice president for international activities at First Union Corporation; How economic sanctions could impact on American banks in India; Concerns regarding the effect which sanctions could have on other businesses.


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