Advertisement
Monday, Oct 18, 2021
Outlook.com
Outlook.com

Joint Statement

Issued by Pranab Mukherjee, Minister for External Affairs and Condoleezza Rice, US Secretary of State - India and United States Complete Civil Nuclear Negotiations

Joint Statement
Joint Statement
outlookindia.com
-0001-11-30T00:00:00+05:53

The United States and India have reached a historic milestone in their strategic partnership by completing negotiations on the bilateral agreement for peaceful nuclear cooperation, also known as the "123 agreement." This agreement will govern civil nuclear trade between our two countries and open the door for American and Indian firms to participate in each other’s civil nuclear energy sector.

The conclusion of negotiations on this agreement marks a major step forward in fulfilling the promise of full civil nuclear cooperation as envisioned by President Bush and Prime Minister Manmohan Singh.

The successful completion of the text permits us to move forward on the U.S.-India Civil Nuclear Cooperation initiative, first announced by the two leaders on July 18, 2005, and reaffirmed on March 2, 2006. The next steps include India negotiating a safeguards agreement with the IAEA and support for nuclear trade with India from the forty-five member Nuclear Suppliers Group. Once these additional actions have been completed, President Bush will submit the text of the agreement to the U.S. Congress for final approval.

Civil nuclear cooperation between the United States and India will offer enormous strategic and economic benefits to both countries, including enhanced energy security, a more environmentally-friendly energy source, greater economic opportunities, and more robust nonproliferation efforts.

This achievement reinforces the growing bilateral relationship between two vibrant democracies. We are committed to the strategic partnership outlined by President Bush and Prime Minister Manmohan Singh, and look forward to working together to implement this historic initiative.

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

Kashmir Civilian Killings: Militants Gun Down Two More Migrant Labourers In Kulgam

Kashmir Civilian Killings: Militants Gun Down Two More Migrant Labourers In Kulgam

A day after two non-local cart vendors were shot dead in Kashmir, militants struck again today killing two more non-local labourers in the southern district of Kulgam.

Kerala Rains: 23 Killed In Flash Floods And Landslides, PM Modi Speaks To CM Vijayan

Kerala Rains: 23 Killed In Flash Floods And Landslides, PM Modi Speaks To CM Vijayan

The toll from disastrous flooding caused by heavy rains and landslides in hilly areas of two central Kerala districts rose to 23 as rescue workers recovered more bodies from the rubbles on Sunday.

Yuvraj Arrested In Chahal 'Casteist Remarks' Case, Released On Bail

Yuvraj Arrested In Chahal 'Casteist Remarks' Case, Released On Bail

'Yuvraj Singh came to Hansi on Saturday and we made a formal arrest. He was released on bail bond after a few hours,' DSP (Hansi) Vinod Shankar said.

Komic, World's Highest Motorable Village In Himachal, Gets Season’s First Snowfall

Komic, World's Highest Motorable Village In Himachal, Gets Season’s First Snowfall

Tourists and travellers have been asked not to venture towards the Kunzum Pass in Himachal Pradesh with snowfall being reported in several parts of the state including Rohtang Pass.

Advertisement