Wednesday, June 25, 2008
123 NO GOOD ?
The communists and opposition Hindu nationalists say the 123 pact would bring the traditionally non-aligned country too close to Washington and could violate the nation's sovereignty.
Many believe it is not just looking good but much more than that. $100 billion of the hard earned Indian tax money will be transferred to American corporations like GE, Westinghouse and others under the deal for supplying India nuclear technologies and equipments.
The main opposition party in India, BJP, who initiated and rejuvenated Indian nuclear ambition with fresh nuclear tests in late nineties have opposed the India-US nuclear deal right from the beginning. It seems the communists could allow the government to negotiate an India-specific safeguards agreement with the IAEA, and not let the deal go any further. That would buy the government time and avoid early elections but leave the deal in limbo.
The US White House want 123 to proceed.
The communists and opposition Hindu nationalists say the 123 pact would bring the traditionally non-aligned country too close to Washington and could violate the nation's sovereignty.
Many believe it is not just looking good but much more than that. $100 billion of the hard earned Indian tax money will be transferred to American corporations like GE, Westinghouse and others under the deal for supplying India nuclear technologies and equipments.
The main opposition party in India, BJP, who initiated and rejuvenated Indian nuclear ambition with fresh nuclear tests in late nineties have opposed the India-US nuclear deal right from the beginning. It seems the communists could allow the government to negotiate an India-specific safeguards agreement with the IAEA, and not let the deal go any further. That would buy the government time and avoid early elections but leave the deal in limbo.
The US White House want 123 to proceed.
# posted by uv : 7:55 PM
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