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Categorie: Emerging Markets
Submitted 2 months ago by No_photo_15x12 Rajiv , An Investor... at Bank Of Baroda....migrating to USA contact me
Freinds,I just went through a post at othersite which says that what India was thinking about NDeal is not the case.There are many rules and many regulations and if that is the case I am afraid the N Deal will not go through....I am pasting it here:Embarrassing revelations on the nuclear dealSeptember 03, 2008The Bush administration, through a gag order on its written responses to Congressional questions, had sought to keep the Indian public in the dark on the larger implications of the nuclear deal, lest the accord run into rougher weather. But now its 26 pages of written answers have been publicly released by a senior United States Congressman. The administration's January 2008 letter to the House Foreign Affairs Committee -- made public by Representative Howard L Berman on Tuesday -- bring out the following: The US has given no binding fuel-supply assurance to India. The prime minister told the Lok Sabha on August 13, 2007 that 'detailed fuel supply assurances' by the US for 'the uninterrupted operation of our nuclear reactors' are 'reflected in full' in the 123 Agreement. But the... More...

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