channelnewsasia.com - India and US unveil landmark nuclear deal
   
 
  blogs  
 
yournews
   
   
Video Finance Lifestyle Travel Weather Discussion TV Shows
CNA Live    | About Us 
 
  Home ›
 
Asia Pacific News

 
 

India and US unveil landmark nuclear deal
Posted: 03 August 2007 1459 hrs

 
 
Photos  of

   
 

NEW DELHI : India and the United States unveiled on Friday the text of the operating agreement for their controversial civilian nuclear technology deal, with key provisions on fuel supplies and safeguards.

The agreement, which took two years to complete, spelt out how a plan for Washington to share nuclear technology with New Delhi will work, including thorny issues like reprocessing rights and the creation of a fuel reserve for India.

"The United States will support an Indian effort to develop a strategic reserve of nuclear fuel to guard against any disruption of supply over the lifetime of India's reactors," the text said.

The US Congress in December approved legislation allowing US exports of civilian nuclear fuel and technology to India for the first time in 30 years, a move intended to reverse sanctions on the Asian giant for its nuclear tests.

But the operating agreement went one step further, allowing India to reprocess spent fuel under safeguards by the global nuclear watchdog, the International Atomic Energy Agency (IAEA).

US lawmakers had expressed concern that this right might allow to India to divert nuclear material to its military program, but the new agreement said that special safeguards will be carved out for the reprocessing facility.

One of the trickiest issues - whether India's unilateral decision not to test nuclear weapons would be made binding - appeared to have been sidestepped.

The US Atomic Energy Act calls for the US president to suspend nuclear cooperation when a country tests an atomic weapon.

The text released Friday made no direct mention of testing, but seemed to leave some wiggle room.

"The parties agree to consider carefully the circumstances that may lead to termination or cessation of cooperation," said the statement.

"They further agree to take into account whether the circumstances that may lead to termination or cessation resulted from a party's serious concern about a changed security environment or as a response to similar actions by other states."

The pact outlined the safeguards India will have to put into place for the reactors that will benefit from the technology.

The deal also addressed Pakistan's concerns, ruling out the use of any transferred nuclear material for nuclear explosive devices or for military purposes.

It runs for an initial term of 40 years but can be terminated by either party before that with a year's notice and has options further 10-year periods.

The whole accord has to win the approval of the US Congress and the Indian parliament.

However, India first has to negotiate a "safeguards" agreement with the IAEA and gain the support of the 45-member Nuclear Suppliers Group.

The deal could open up US$100 billion of opportunities for American businesses, according to the US Chamber of Commerce. - AFP/ch

 

 



Other asiapacific News
Philippine massacre suspect denies orchestrating killings
India marks one year after deadly Mumbai attacks
Pakistan bomb targets police, three wounded
Vietnam approves first nuclear power plants
Pakistan court indicts seven over Mumbai attacks
China reports eight cases of mutated H1N1 flu
Four arrested in Malaysia over grisly murder
Obama to unveil new Afghan plan on Tuesday
Philippine troops move against massacre clan
Philippine government expels massacre suspect as toll hits 57
Japan PM 'surprised' at reports of dubious funds from mother
China mine disaster toll hits 108
Taiwan wants elite force to protect island
Two Koreas to survey overseas industrial plants
India marks Mumbai attacks anniversary
Indonesia VP dismisses bank bailout concerns

 

 
Affiliate Sites:
 
About Us  |  Contact Us  |  Advertise with Us  |  Terms & Conditions