NSG meets today to decide on nuclear waiver to India

Image
Press Trust of India Vienna
Last Updated : Jan 19 2013 | 10:47 PM IST

The landmark Indo-US civil nuclear deal faces a major test at the crucial Nuclear Suppliers Group (NSG) meeting today that will consider allowing nuclear commerce to India, with Austria and New Zealand still having reservations.      

The Indian delegation led by Foreign Secretary Shiv Shankar Menon did some last minute lobbying last night, meeting representatives of the NSG Troika-- Germany, South Africa and Hungary, key members of the 45-nation nuclear cartel ahead of the two-day plenary meeting, in which objections by even one country can scuttle the pact.     

 India got a shot in the arm yesterday as nearly half the NSG countries reportedly agreed to co-sponsor the US request to grant a waiver to India.      

However, diplomatic sources said Austria and New Zealand were holding up the approval after Ireland reportedly softened its opposition, saying it was aware of the importance attached to the nuclear deal by New Delhi and of the considerable support that exists for its energy diversification.      

On the positive side, countries like France have thrown their weight behind India, strengthening the diplomatic overdrive launched by New Delhi and Washington.      

The Germany-chaired NSG, the governing body for international nuclear commerce, must give unanimous approval to the waiver before the US Congress takes up the pact.      

The international nuclear watchdog IAEA had on August one given a unanimous approval to the India-specific safeguards agreement.      

The deal would reverse more than three decades of US policy barring sale of nuclear fuel and technology to India, which is not a signatory to the NPT.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 21 2008 | 7:00 PM IST

Next Story