Tuesday, October 5, 2010

'Indo-US nuke trade unlikely to start unless India signs CSC' says CRS

  • "US firms will likely be very reluctant to engage in nuclear trade with India if the government does not adhere to the Convention on Supplementary Compensation for Nuclear Damage (CSC), which has not yet entered into force," said the independent Congressional Research Service (CRS) in its latest report to the Congress on the implementation of the civilian nuclear issue.
  • CRS is the bipartisan research wing of the US Congress which prepares periodic report on various issues for American lawmakers. The report was sent to lawmakers on September 28. 
  • National Security Advisor Shivshankar Menon who was in Washington last week had announced that India will sign CSC.

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