Saturday, September 6, 2008

NSG Gives The Nod to Indo-US Nuclear Deal

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In a historic moment that ended more than three decades of nuclear isolation for India, the 45-nation Nuclear Suppliers Group Saturday rewrote their guidelines to resume global nuclear trade with New Delhi. The NSG’s decision to grant India a clean waiver from its existing rules, which forbid nuclear trade with a country which has not signed the Nuclear Non-Proliferation Treaty (NPT), came Saturday afternoon after three days of intense diplomacy by the US and India in the nuclear cartel that controls the global flow of nuclear fuel and technologies.

The nuclear deal is now headed for the US Congress, which meets September 8 to discuss an approval for the 123 India-US bilateral agreement which will bring the landmark nuclear deal to its closure over three years after it was first conceptualised.....

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Posted on Saturday, September 06, 2008 by Dennis |

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