President Bush has signed legislation to lift a three-decade ban on nuclear trade with India. The deal will allow India to expand its nuclear power industry without requiring it to sign the Non-Proliferation Treaty as other nations must.
President Bush: “The bill I sign today approves the 123 Agreement I submitted to Congress and establishes the legal framework for that agreement to come into effect. The bill makes clear that our agreement with India is consistent with the Atomic Energy Act and other elements of US law. By passing this legislation, my administration and Congress demonstrate our common view that nuclear cooperation is in the interests of both the United States and India.”
Critics say say the agreement encourages nuclear production worldwide, because it effectively rewards India for developing nukes outside the treaty.