Saturday, July 5, 2008

Indo-US Nuclear deal

*The legislation amends Section 123 of the Atomic Energy Act of 1954. It lets the US make a one-time exception for India to keep its nuclear weapons without signing the Nuclear Non-Proliferation Treaty (NPT).
*The amendment overturns a 30-year-old US ban on supplying India with nuclear fuel and technology, implemented after India's first nuclear test in 1974.
* Under the amendment, India must separate its civilian and military nuclear facilities, and submit civilian facilities to inspections by the International Atomic Energy Agency (IAEA).
* Henceforth US make a lucrative roadmap to monitor the India's Nuclear Policy.
* Critics say it undermines the NPT, which holds that only countries which renounce nuclear weapons qualify for civilian nuclear assistance.
* The accord sends the wrong message: it could undercut a US-led campaign to curtail Iran's nuclear program, and open the way for a potential arms race in South Asia.
* India says 14 of its 22 nuclear facilities are civilian. Critics say the pact could make bomb making at the other eight easier, as civilian nuclear fuel needs will be met by the US
* US President George Bush calls the deal necessary to reflect the countries' improved relations. It strengthens international security by tightening US ties to ally India, the world's biggest democracy. It also ensures some of its nuclear industry will undergo international inspection.
* New Delhi, which relies on imported oil for some 70 per cent of its energy needs, says nuclear power will help feed its rapidly expanding economy.
* France, which signed a similar deal with India in February 2006, says the move will help fight climate change and aid non-proliferation efforts.

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