Business Standard
Thursday, May 31, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

N-deal: India says negotiation on reprocessing to take time
Lalit K Jha/PTI / Washington Nov 24, 2009, 12:08 IST

India today said it is not looking at finalising negotiations with the US on a pact on reprocessing of spent fuel, a key step in implementation of the nuclear deal, during summit talks between Prime Minister Manmohan Singh and President Barack Obama here.

"As far as arrangements for reprocessing talks are concerned these are ongoing. We are not looking at finalising them tomorrow in any case," Foreign Secretary Nirupama Rao told reporters, hours ahead of Singh-Obama talks at the White House.

"This is an ongoing process, as I mentioned to you, these talks have progressed well," Rao said when asked about the progress of the negotiations on reprocessing facilities, which many were expecting to be concluded during the summit.

There are a number of issues that are being discussed between the two sides, she said.

"Our experts have been engaged very intensively in these discussions and I am happy to report that much progress has been made and we would be finalising these issues very shortly," Rao said.

India so far has had several rounds of negotiations with the US – the first two being in Vienna and the rest in Washington -- on reprocessing agreement on spent nuclear fuel, which constitutes a significant part of the 123 agreement.

The 123 Agreement on bilateral nuclear cooperation gives New Delhi prior consent to reprocess.

However, it stipulates that this right would come into effect only when India establishes a new national facility dedicated to reprocessing safeguarded nuclear material under safeguards of International Atomic Energy Agency (IAEA) and reaches an agreement with the US on "arrangements and procedures under which such reprocessing ... will take place in this new facility".

It was on February 3 this year that the then Foreign Secretary Shiv Shankar Menon wrote to Under Secretary for Political Affairs William Burns, invoking the provisions of the 123 Agreement with a formal request to negotiate the "arrangements and procedures" under which American spent fuel would be reprocessed in India.

The Department of Atomic Energy also sent a similar formal request to Richard Stratford. The United States acknowledged the request.

The first round of talks were held in Vienna in the fourth week of July, during which both India and the US "surprised" each other by coming out with draft proposals.

The second round of talks were held in Vienna again in October. Rest of the talks were being held in Washington in the last couple of weeks.

While the American delegation is being led by Richard Stratford, Director of the Office of Nuclear Energy Affairs in the State Department and Washington's point man for nuclear negotiations with India; the Indian side is headed by Ravi B Grover from the Department of Atomic Energy.

Once the reprocessing agreement is concluded, the Obama Administration would send this to the Congress for approval.

Unlike, the up and down vote of the 123 Agreement; this automatically becomes law after 60 Session Days of the US Congress; unless the Congress disapproves it by a veto majority – two-thirds. This is considered to be near impossible.

So when Obama concludes a text that he is going to submit it is a fate accompli that it would become a law.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end lower ahead of May F&O expiry
- Parsvnath posts Rs 23 cr loss in Q4
- Educomp net down 57% at Rs 61 cr in Jan-Mar qtr
- DLF Q4 net plunges 39% to Rs 211 cr
- Provogue Q4 net profit down 71% at Rs 1.81 cr
  Read Business news in 
- India's no. 1 Property Site. Click here to know more
- Help a Child Achieve her. Click to know more
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Learn How One City is Running on FOOD SCRAPS.
- 1 billion in saving for Unilever without any tangles.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
- 2 Lac Apartments, 1 Lac House / Plots. Click here
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- Vodafone notice on arbitration premature: Govt
- Coal blocks for infrastructure projects get GoM nod
- Dissidence brewing in state: Senior BJP leaders team up against Modi
- Rupee-sensitive stocks risky for new investors
- Tata Motors skids as margins dip at JLR
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us