and the Indian nucular program...
http://www.nytimes.com/2006/03/03/politics/03nuke.html?hp&ex=1141448400&en=d42eda04f813734e&ei=5094&partner=homepage<snip>
The Defense Department issued an unusually explicit statement hailing the deal for opening a path for more American-Indian military cooperation.
"Where only a few years ago, no one would have talked about the prospects for a major U.S.-India defense deal, today the prospects are promising, whether in the realm of combat aircraft, helicopters, maritime patrol aircraft or naval vessels," the Defense Department statement said.
<snip>
India, the negotiators agreed, will be able not only to retain its nuclear arms program but to keep a third of its reactors under military control, outside international inspection, including two so-called fast-breeder reactors that could produce fuel for weapons.
The accord would also allow India to build future breeder reactors and keep them outside international inspections. A fast-breeder reactor takes spent nuclear fuel and processes it for reuse as fuel or weapons. American officials negotiating with India over the last several months failed to get India to put its current and future breeder reactors under civilian control. But the accord would allow India to buy equipment and materials for only those new reactors that are to be used for civilian purposes.
<snip>
http://www.truthout.org/cgi-bin/artman/exec/view.cgi/34/12907/printerWashington - Just over an hour after the White House's surprise pledge to help India develop its civilian nuclear power sector, the head of General Electric, the American company that could benefit most from the policy change, sat down for a celebratory dinner.
The host was President George W. Bush; a few feet away was India's prime minister, Manmohan Singh, and his top aides. GE Chief Executive Jeff Immelt, a contributor to Bush's presidential campaigns, had a coveted seat at the president's table.
Bush's announcement on nuclear trade with India - followed by a formal dinner in the State dining room - was not just a victory for Singh. For GE, the only US-owned company still in the nuclear business, it marked a possible turning point in a years-long push to re-enter the Indian nuclear power market, which it was forced to leave in 1974 when India conducted its first nuclear test.
"In the short term, it's really business as usual. ... But if things unfold the way it looks they may, then clearly it is a significant opportunity for us," said Peter Wells, general manager of marketing for GE Energy's nuclear business.
<more>