Sunday, October 5, 2008

Nuclear deal







last weeks biggest scoop was the condeliza rice came to india to signing the nuclear deal but due to administrative hitches she was not able to sign the same.

The US Congress has passed the US-India nuclear agreement and the $100 billion Indian nuclear market will now be open to American business after President Bush has signed the deal.

On arrival in New Delhi, Ms Rice said bureaucratic delays had made the signing impossible. "There are a lot of administrative details that have to be worked out. The deal was only passed in our Congress two days ago. The president is looking forward to signing the bill, sometime, I hope, very soon."

The deal offers India access to sophisticated U.S. technology and cheap atomic energy in return for New Delhi allowing UN inspections of some of its civilian nuclear facilities.

Military nuclear sites will remain closed to international inspections.

Lets see when this drama will end....

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