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US Signs Nuclear deal with India |
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- Webmaster
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Thursday, 09 October 2008 |
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US President George Bush signed into law on a bill that allows civilian nuclear trade as well as transfer of nuclear technology to India. This bill had been approved by the US Congress. US Vice-President Dick Cheney, Secretary of State Condoleezza Rice, Energy Secretary Samuel Bodman, and India’s ambassador to Washington Ronen Sen attended the signing ceremony.
This deal may have positive and negative impacts to India. On a long run this however addresses several energy related nation. This has been a huge success on behalf of the administration. It all turned out well for the Government (especially Congress) which was trying its best to bring about this deal. They even risked their government for the sake of nation. This may perhaps swing a few educated people to come towards voters. Congress Badly needed some kind of boost to its dwindling performance over the past five years, with left parties and several other allies criticizing the government for issues like inflation.
Coming back to the Nuclear deal: It was easier for USA to pass the deal compared to India. The US Senate approved the deal in a 86-13 vote while the House of Representatives passed the agreement by 298-117 votes. India did not sign the Non proliferation treaty which originally was the precondition. So, it is a win for India since it retains the right to conduct nuclear tests. However it should be noted that in case India chooses to go ahead with the Nuclear tests then US may cancel the deal. So, the incentive for India to avoid nuclear tests is the continued cooperation with USA on the deal. The Nuclear Suppliers Group (NSG) had recently lifted a ban against India so that India can access the international nuclear market
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Last Updated ( Thursday, 09 October 2008 )
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