Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Monday, October 5, 2009

The U.S.-India nuclear deal--one year later BY J. SRI RAMAN

The U.S.-India nuclear deal--one year later
BY J. SRI RAMAN

October 8 marks the one-year anniversary of former President George W. Bush signing into law the so-called U.S.-India nuclear deal. The deal proved controversial from its inception because it ended a 34-year U.S. ban on nuclear trade with India, a non-signatory to the Nuclear Non-Proliferation Treaty (NPT). And yet despite heavy criticism of the deal--especially from arms control and disarmament advocates--one year later, it appears solidly entrenched as long-term policy.

As Secretary of State Hillary Clinton told the U.S.-India Business Council's Synergies Summit in June, "The first stage of Indo-U.S. relations was ushered in when President Bill Clinton opened a new chapter of engagement with India. Then President George [W.] Bush took it to the second level with the Indo-U.S. civilian nuclear agreement. The Obama administration is determined to take it to the third stage, which would allow the countries to move beyond concerns about the status of India's nuclear program to a framework of economic and technical cooperation."

At its heart, the U.S.-India deal is really about big business, which has boomed since the agreement entered into force. In fact, intensive lobbying by corporate sectors in both the United States and India helped overrule the concerns of the arms control community. For Ron Somers, the president of the U.S.-India Business Council, the calculus was simple: "[The U.S.-India nuclear deal] will present a major opportunity for U.S. and Indian companies," he promised in July 2007. He added that the deal would create...Read entire article
http://www.thebulletin.org/web-edition/features/the-us-india-nuclear-deal-one-year-later

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