Number: 98-537 Title: BANK LOAN DENIAL FOR NUCLEAR PROLIFERATION UNDER SECTION 102(b) OF THE ARMS EXPORT CONTROL ACT AS APPLICABLE TO INDIA AND PAKISTAN Authors: M. Maureen Murphy, American Law Division Abstract: After the President has determined that a "non-nuclear-weapon state" has detonated a nuclear explosive device, section 102(b) of the Arms Export Control Act requires that a number of sanctions be placed on that state including the prohibition of private bank loans to the government of the country concerned. This report provides details on the Act as it applies, under current conditions, to India and Pakistan. Pages: 6 Date: Updated December 16, 1998