Missile Technology Control Regime (MTCR):
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35 nation (India is 35th member) grouping that controls export of missile technology, including drones and UAVs.
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Setup in 1987 by the G7 countries
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Aims to limit the proliferation of missile and other unmanned delivery systems that could be used for chemical or nuclear attacks.
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It is an informal and voluntary partnership between 35 countries which urge each other to restrict their missile export and technologies capable of carrying a 500-kilogram payload a minimum of 300 kilometres.
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The decisions are taken by consensus of all the members.
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India has become 35th member of MTCR in June 2016
Benefits to India:
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Would help India in getting access to world-class technology
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It would have also allowed India to export its own technology to countries that comply with MTCRMTCR membership would improve India’s stature among world nations, especially because India is a non-signatory of both NPT and CTBT that are necessary for membership
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India will get to play a role in decision making process of the global body; it would help India to address some of our concerns especially with Pakistan’s nuclear program and promote our interest.India can also sell Thorium which is abundant in India
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It will be a big step in opening doors for India’s entry into other nuclear regimes it is eyeing for (NSG, Australia Group and Wassenaar Group)