The much talked about Indo-US Nuclear
Deal is seen by the United States as an agreement that will be the foundation
for the strengthening of the Indo-US relationship. The US sees India as an important
Asian ally and as an emerging market. The deal makes sure that the US has an
operating base to push their domestic products into the Indian consumer market
.But, that aside the most important economicpartner for the US will however not be the Indian consumer but rather
the Indian Government.
It was a ‘nuclear’ weekend in India
and a period which will go down in history as a big victory for the man who started
economic reforms in India; The Prime Minister Dr.Manmohan Singh. The Nuclear
Suppliers Group giving India a waiver is an unprecedented move. A waiver that
allows India to do nuclear trade with the rest of the world without having to
sign the Non Proliferation Treaty or the NPT. What this means from the business
side of things is quite simple and gigantic: The World’s second fastest growing
economy is ready to spend Billions on nuclear energy and the rest of the World
wants to take advantage of this.