New York, April 16 : US firms will be reluctant to engage in nuclear trade with India unless the country become party to the Convention on Supplementary Compensation for Nuclear Damage, said a Congressional Research Service (CRS) report.
"U.S. firms will likely be very reluctant to engage in nuclear trade with India if the government does not become party to the Convention on Supplementary Compensation for Nuclear Damage, which has not yet entered into force," said the CRS report titled 'U.S. Nuclear Cooperation with India: Issues for Congress'.
"India also is reportedly insisting that New Delhi and Washington conclude an agreement on a reprocessing facility in India before New Delhi signs contracts with U.S. nuclear firms."
The CRS report said several steps remain before U.S. companies can start nuclear trade with India.
"For example, P.L. 110-369 requires that, before the Nuclear Regulatory Commission can issue licenses for U.S. nuclear exports to India, the President must determine and certify to Congress that New Delhi's IAEA safeguards agreement has entered into force and that India's declaration of its nuclear facilities to the agency 'is not materially inconsistent with the facilities and schedule' described in a separation plan that New Delhi provided to Washington.
"India's safeguards agreement entered into force in May 2009, and New Delhi has filed the declaration with the IAEA," said the report.
According the report, India has stated its intention to engage in nuclear cooperation with U.S. companies.
"However, New Delhi has not indicated when it plans to become party to the CSC. India's decision to become a party to the convention is, according to the State Department, 'an important step in ensuring that U.S. nuclear firms can compete on a level playing field with other international competitors' because many other countries' nuclear firms 'have other liability protections afforded to them by their governments'."
"India also is reportedly insisting that New Delhi and Washington conclude an agreement on a reprocessing facility in India before New Delhi signs contracts with U.S. nuclear firms," the report said.
The report further said, India, which has not signed the Nuclear Nonproliferation Treaty (NPT) and does not have International Atomic Energy Agency safeguards on all nuclear material in peaceful nuclear activities, exploded a 'peaceful' nuclear device in 1974, convincing the world of the need for greater restrictions on nuclear trade.
"The United States created the Nuclear Suppliers Group (NSG) as a direct response to India's test, halted nuclear exports to India a few years later, and worked to convince other states to do the same. India tested nuclear weapons again in 1998.
"However, President Bush announced July 18, 2005, he would 'work to achieve full civil nuclear energy cooperation with India' and would 'also seek agreement from Congress to adjust U.S. laws and policies', in the context of a broader partnership with India," the report said.
Source: http://www.newkerala.com/news/fullnews-91155.html
"India also is reportedly insisting that New Delhi and Washington conclude an agreement on a reprocessing facility in India before New Delhi signs contracts with U.S. nuclear firms."
The CRS report said several steps remain before U.S. companies can start nuclear trade with India.
"For example, P.L. 110-369 requires that, before the Nuclear Regulatory Commission can issue licenses for U.S. nuclear exports to India, the President must determine and certify to Congress that New Delhi's IAEA safeguards agreement has entered into force and that India's declaration of its nuclear facilities to the agency 'is not materially inconsistent with the facilities and schedule' described in a separation plan that New Delhi provided to Washington.
"India's safeguards agreement entered into force in May 2009, and New Delhi has filed the declaration with the IAEA," said the report.
According the report, India has stated its intention to engage in nuclear cooperation with U.S. companies.
"However, New Delhi has not indicated when it plans to become party to the CSC. India's decision to become a party to the convention is, according to the State Department, 'an important step in ensuring that U.S. nuclear firms can compete on a level playing field with other international competitors' because many other countries' nuclear firms 'have other liability protections afforded to them by their governments'."
"India also is reportedly insisting that New Delhi and Washington conclude an agreement on a reprocessing facility in India before New Delhi signs contracts with U.S. nuclear firms," the report said.
The report further said, India, which has not signed the Nuclear Nonproliferation Treaty (NPT) and does not have International Atomic Energy Agency safeguards on all nuclear material in peaceful nuclear activities, exploded a 'peaceful' nuclear device in 1974, convincing the world of the need for greater restrictions on nuclear trade.
"The United States created the Nuclear Suppliers Group (NSG) as a direct response to India's test, halted nuclear exports to India a few years later, and worked to convince other states to do the same. India tested nuclear weapons again in 1998.
"However, President Bush announced July 18, 2005, he would 'work to achieve full civil nuclear energy cooperation with India' and would 'also seek agreement from Congress to adjust U.S. laws and policies', in the context of a broader partnership with India," the report said.
Source: http://www.newkerala.com/news/fullnews-91155.html
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