| Publication |
2008.
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| Summary/Abstract |
The ratification of the unprecedented Indo-US nuclear deal by the United
States Congress and the signing of related legislation by President Bush on
October 8, 2008 marked a remarkable new development in global nuclear affairs.
The finalisation of this deal will have serious national, regional, and international
consequences. It will give a tremendous boost to India's existing nuclear
infrastructure through direct foreign investment which will increase India's
capacity for power generation and will also improve, qualitatively and
quantitatively, its nuclear arsenal. In order to facilitate this deal, the United States
has already amended its nuclear proliferation laws and regulations which placed
restrictions on nuclear-related exports. In Washington's view, this deal is
favourable to its commercial interests within the nuclear industry.
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