Expert terms Indo-US nuke deal foolish and riskySeptember 8th, 2008 - 12:29 pm ICT by ANI
Washington, Sep 8 (ANI): The Indo-US civil nuclear agreement approved by the 45 nation Nuclear Suppliers Group (NSG) is a foolish and risky deal that will make every country free to sell nuclear technology to India while asking virtually nothing from India in return, said an US based expert.
Mira Kamdar, a fellow at Asia Society, New York, writes in the Washington Post that the deal in the process will undermining the very international system that India so ardently seeks to join.
Kamdar said that while India needs energy, this foolish, risky deal is not the way to get any of these things. Indias democracy has already paid a crippling price, and now the planet may too.
The Indo-US nuclear co-operation agreement was approved by the NSG at its meeting in Vienna this weekend. However, it still has to find US congressional approval.
The deal, Kamdar argues, risks triggering a new arms race in Asia.
If it passes, a miffed and unstable Pakistan will seek nuclear parity with India, and China will fume at a transparent US ploy to balance Beijings rise by building up India as a counterweight next door, the Daily Times quoted Kamdar, as saying.
The pact will gut global efforts to contain the spread of nuclear materials and encourage other countries to flout the Nuclear Non-Proliferation Treaty (NPT) that India is now being rewarded for failing to sign.
Kamdar believes that the deal will divert billions of dollars away from Indias real development needs in sustainable agriculture, education, health care, housing, sanitation and roads.
It will also distract India from developing clean energy sources, such as wind and solar power, and from reducing emissions from its many coal plants, she added.
Instead, the pact will focus the nations efforts on an energy source that will, under the rosiest of projections, contribute a mere 8 percent of Indias total energy needs and that will not happened until 2030, Kamdar said.
The deal will generate billions of dollars in lucrative contracts for major Indian and US companies as well as help resuscitate the moribund American nuclear power industry.
France and Russia, both of which support the deal, will reap huge profits in India. According to one estimate, the deal will generate more than 100 billion dollars in business over the next 20 years, as well as a large number of jobs in India and the United States. (ANI)
Tags: asia society, coal plants, education health care, global efforts, non proliferation treaty, nuclear agreement, nuclear non proliferation treaty, nuclear parity, nuclear suppliers group, sustainable agriculture education