Sunday, September 7, 2008

NSG Waiver for India

Finally the NSG approved the waiver for India for civilian nuclear cooperation and the reactions have been usual. Now I can go an try to analyse if it was good for India or not but I thought let's look at the reactions and probably that would give the indication on whether it was good or bad for India.
Worldwide most of the countries have welcomed the deal. There have been some countries like Austria and some other countries that have been less enthusiastic about the deal but that probably has more to do with ideology of not supplying the fuel to not NPT countries.
Most notable country that at the last moment was against the deal was China. I would not be surprised at that reaction of China. They have lot to lose with India being able to buy fuel from market. I read somewhere that the price of nuclear fuel has gone up few fold since the year 2000, India joining that club of buyers would put further pressure in that market. Also I always believed that China just doesn't like India.
Who else is against the deal, not surprisingly BJP and Communists. Now if you look at the groups that area gainst the deal for non idelogical reasons, it is BJP, Communists and China and ofcourse pakistan. I don't really know what is the common interest there.

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