Wednesday, February 16, 2011

INDIA'S civil nuclear agreement

INDIA'S civil nuclear agreement

The countries with which India has signed similar pacts are Russia, the United States, France, Mongolia, Argentina, Kazakhstan, the United Kingdom and Canada. Some are pure fuel supplies pact while others include all aspects of the relationship such as fuel supply, R&D and setting up of civil nuclear plants. The pact with South Korea will focus on the last two aspects.

The civil nuclear pact was a result of the all-round comprehensive relationship being forged by India with East Asian and South East Asian countries. India has signed a Comprehensive Economic Cooperation Agreement (CEPA) with South Korea which, in the first full year of operation in 2010, led to a 46 per cent growth in trade.

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