ind nuke - Keep copying old websites and three new ones to...

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Unformatted text preview: Keep copying old websites and three new ones to this, then print or highlight by Red-ding Use pdf, and other papers to build backbone outline. Fill with facts and cite sources. Ultimately the India – US Nuclear deal has to translate into economics, commerce, trade, development and FDI. At the moment, Indian Opposition politicians think that the country’s independence and prestige have been sold out. Many US politicians are thinking that a gaping hole has been punched into the NPT regime. Yes, both are right, although the Indian side is stretching it a bit. In US, the Nuclear Lobby Group has gained an upper hand. When Manmohan – Bush finalized this deal in July of 2005, the Lobby Group mounted an instantaneous opposition. Unable to persuade the Bush administration to renege the deal, they changed tactics and have started a campaign against it with the US Congress (the elected body). This resulted in US sending a tough negotiator in Nicholas Burn to negotiate further details and possible concessions to salvage the deal in the US Congress. He did well and ended up in getting ironclad concessions prior to President Bush’s visit to India. The opposition to this agreement is not dead yet. The Nuclear Lobby Group is making a last ditch effort to scuttle the deal in the Congress. But full backing of the President Bush and his able Secretary of State Condi Rice will ultimately help to get this deal through. On the other hand, most of the analysts and politicians opposing the deal in India are now lying low. How does US benefit with this Deal? President Bush is looking forward at the changing times. From 1970-78 when US sponsored NPT (Nuclear Proliferation Treaty) and its subsequent laws, it was their intent to punish India for exploding a nuclear bomb in 1974. They set a date of 1967 as criteria for inclusion in the select group. China was gleeful; as they had exploded their bomb in 1964, hence found their berth in this group automatically. So did France. To exclude India with a fifth of humanity and a bomb was a mistake. India at that time was economically weak. For 25 years India endured its exclusion for not signing the NPT and was barred from any civilian use nuclear technology and materials. Later US politicians, to placate Pakistan, even blamed India for starting a nuclear arms race. In short, India was ignored. Although China was no better economically then, yet it was welcomed as one of the World powers. Economic benefits to US If India sets up 10 large size nuclear power plants, which is its intent in next 15 years, India will import technology and hardware from US for at least half of these projects (technology for the remaining may come from elsewhere). Each of these plants at a green field site will cost about $4 billion. In short, orders worth $15-20 billion could be placed with the US companies in next 6 to 8 years. Remaining orders may go to France, Germany, Canada and UK. Fund for these years....
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This note was uploaded on 04/07/2008 for the course IHUM 53 taught by Professor Nightingale,white during the Winter '08 term at Stanford.

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ind nuke - Keep copying old websites and three new ones to...

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