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RE:Clause 10
by Nimesh Dikshit on Jul 15, 2008 03:26 AM

AK,
To answer your concerns, all are hypothetical. How the future would work out, and is it worth gambling this deal is the question that needs to be answered. It is possible that India and some of its industries would become dependable on this energy. And then to do a test would be economically just not possible, for the slightest fear of making lacks of people unemployed and billions may go in waste.
The question is do you want to gamble or not? It may be possible that USA may well be a great friends with india, and together they bring about new world order. Or may be india would be perpectually in state of fear from N power of Pakistan and China.
Thats the call. What I believe is while India must pursue good relations and some such tie with US, there is no need to act like there is no tomorrow. Its a destiny of India and US to work together - and that can happen only if India acts like a country and not begger. Like NDA did the test w/o worrying about the sactions. And they, like you, banked on the NRIs wealth in terms of India bond, and sailed through the hardships of the sanctions.

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Safeguards Agreement is a fair deal