India was formally inducted into the Missile Technology Control Regime (MTCR) on 27 June - - its first entry into any multilateral export control regime.
Foreign Secretary S Jaishankar met the Ambassadors of France, Netherlands and Luxembourg and signed the document of accession into MTCR on 27 June.
#WATCH India formally joins Missile Technology Control Regime (MTCR)https://t.co/ja97oEfLcf
— ANI (@ANI_news) June 27, 2016
"We applied for the membership of MTCR last year and all the procedural formalities have been completed," the Ministry of External Affairs had announced on 26 June.
What does an MTCR membership mean for India?
MTCR membership will enable India to buy high-end missile technology and also enhance its joint ventures with Russia. The aim of the MTCR is to restrict the proliferation of missiles, complete rocket systems, unmanned air vehicles and related technology for those systems capable of carrying a 500 kilogramme payload for at least 300 kilometres, as well as systems intended for the delivery of weapons of mass destruction (WMD).
Significantly, China, which stonewalled India's entry into the 48-nation Nuclear Suppliers Group at the just- concluded Seoul plenary, is not a member of 34-nation MTCR.
--With agency inputs