Nuclear Thread - 4

[ravish]

The passage through the NSG may not be smooth .There are many countries like Ireland, Switzerland and Newziland who have very strong views on the subject. They will certainly try to impose certain conditions before giving approval to the resolution. At that point of time India will have to see whether these conditions are acceptable. The only plus point is that the opposition by these countries will not be so strong as to ensure the end of the deal. If that happens, the major nuclear equipment supplier countries will have to bear financial losses in the form of loosing the Indian market. So from the pure economic point of view there is a high possibility the NSG will ensure ultimate go ahead of the scheme after making some mild noise which will get contained.

Then is the passage of the agreement through the US Congress. Here again the size of the potential Indian market for nuclear reactors and control equipment will play a deciding factor. The manufacturers of items not directly related to nuclear power plants will also benefit from the proposed agreement. They are those who manufacture the grid control, power transmission and other such equipments. These are items that can be used in any power system irrespective of how the generation is taking place. Naturally these countries will also ensure that the agreement gets through and India undertakes its major nuclear power expansion project. Ireland and Switzerland along with a large number of EU countries will be benefited by this agreement.