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Indo-US Nuclear Tango
by Aniket Gajendragadkar on Dec 22, 2006 10:10 AM   Permalink

The main primary objective of this deal is to keep the rising oil prices under control, which both India and US know and understand very well. India is growing at a rate of 10% with demand for oil on the rise and US economy is heavily dependent on oil. Already oil prices have gone up to US$80 per barrel and US economy being the locomotive of world economy can't afford to help that price going upwards by not giving access to nuclear to a growing country like India. I guess all other strategic & geopolitical objectives are secondary. So considering this, the deal implementation is inevitable with both sides compromising for their economy growth on the upswing in the long term.

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The above message is part of the Discussion Board:
N-deal: The road ahead for India