IIPM Info B-School IIPM Admission Process IIPM Gurgaon New Delhi: The Indo-Us Nuclear Deal

Thursday, February 07, 2008

Indo-US 123 Agreement. It solves the enriched uranium shortage that has hampered India’s nuclear programme for decades, pushing India down to 27 among the 30 countries using nuclear power.
123 also preserves India’s right to reprocess the spent fuel from civilian reactors producing commercial power.
While the agreement claims not to impinge upon India’s military strategic programme, it has been accorded the status of non-nuclear weapons state and if India chooses to conduct tests that are found to violate IAEA norms, the US has a right to terminate the agreement. But even this termination will have to be followed by a year’s notice.
If the US goes ahead with the termination, it has a right of return over materials transferred under the 123 Agreement. The right to return is not automatic. Instead, the US will first consider the circumstances in which India has conducted the test.
Even after the numerous barriers before the right to return are crossed, India can continue to source its fuel supplies from countries such as France, Russia & the United Kingdom.
India has got a better deal than China under the same 123. Unlike India, China has also accepted bilateral international inspection. Unlike China, India has right to return clause for material.

Anonymous said...: Just came across a good resource for us Bschool students- http://bizine.blogspot.com
The site has some interesting questions being asked about day-to-day business activities.
I guess its Strategic Management cases reduced to half a page- only if our lives were that simple :-); 6:00 PM
Anonymous said...: You'll want to add a facebook button to your blog. I just bookmarked this article, although I had to complete it manually. Simply my $.02 :)

- Robson; 4:58 PM