07-22-2008, 08:55 AM
<b>The day after India tests its next nuclear bomb â the 123 agreements and hidden Hyde act will haunt the nation for 100 years</b>
Juhi Singhal
Jul. 20, 2008
America and the Nuclear Fuel Supplying nations can pull out their Uranium supply commitments the moment India tests the next nuclear bomb or has to resort to such device for self defence.
Simply put the 123 agreement will put Indian nuclear defence in jeopardy with a $100 billion loss that India will pay the American corporations.
The former Atomic Energy Commission Chairman P K Iyengar said in a statement "if we pass a law saying that we will retain the right to test, it will have no influence on the actions of the US.
"If and when we test, they can simply quote the 123 Agreement and the Hyde Act and pull out all their nuclear materials, leaving us devastated."
"The only option here is to re-negotiate the 123 Agreement and have the clause inserted there to protect Indian nuclear freedom. However, the Americans are unlikely to agree to this, since it goes against their non-proliferation policy. What America really wants is to control Indian nuclear freedom." Iyengar said
Juhi Singhal
Jul. 20, 2008
America and the Nuclear Fuel Supplying nations can pull out their Uranium supply commitments the moment India tests the next nuclear bomb or has to resort to such device for self defence.
Simply put the 123 agreement will put Indian nuclear defence in jeopardy with a $100 billion loss that India will pay the American corporations.
The former Atomic Energy Commission Chairman P K Iyengar said in a statement "if we pass a law saying that we will retain the right to test, it will have no influence on the actions of the US.
"If and when we test, they can simply quote the 123 Agreement and the Hyde Act and pull out all their nuclear materials, leaving us devastated."
"The only option here is to re-negotiate the 123 Agreement and have the clause inserted there to protect Indian nuclear freedom. However, the Americans are unlikely to agree to this, since it goes against their non-proliferation policy. What America really wants is to control Indian nuclear freedom." Iyengar said