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RE:RE:Cat out of the bag, once again!
by ABC on Aug 08, 2008 08:58 AM

I suppose it depends how you choose to look at the deal. I agree, the deal has many good aspects for both countries. For India it is a recognition of nuclear status, fuel supply to its reactors (though not indefinitely guaranteed), dual use technology, scientific exchanges etc. For the US it brings India into the official Nuclear club, legitimizes our Nuclear prog, most importantly helps their energy companies earn billions and creates a strong partner in the Asia region to counter China. However there are a large number of bad issues for both countries - the large number of bad ones for India as mentioned before and for the US-giving fuel to a non NPT country, undermining the NPT and CTBT which were the cornerstones of America's dominance in the international nuclear market and so on. Which is why there are a few lawmakers in the US against the deal but most are in favour. In India it is split down the middle since the pros and cons are almost equal and in my view the cons just about outweigh the pros. The deal is definitely a WIN situation for the USA, but could be a WIN or LOSE situation for India.

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