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Washington (ANI) Jul 01, 2007 US Secretary of State Condoleezza Rice has expressed confidence of finalisation of the Indo-US civilian nuclear energy cooperation by the end of this year. Speaking at the 32nd anniversary celebrations of the United States India Business Council (USIBC) on Wednesday, Rice said: "But with will and determination and more hard work to do, I am certain that we will reach final agreement and be in a position to complete this (nuclear) deal by the end of the year." Terming the deal as a "win-win" situation for both the countries, Rice said, "It was only a matter of time before two leaders who were visionary enough realized that they had to break this particular logjam so that the US-India relationship can flourish." On Wednesday, Prime Minister Manmohan Singh also expressed optimism over the successful conclusion of the agreement. "There are one or two issues to be resolved," Singh said in New Delhi, while referring to the proposed 123 agreement, and added that it would be done soon. The talks over the 123-agreement, the ratification of which will give legal status to the Indo-US nuclear deal that began with the July 18, 2005 statement, met a roadblock over the issue of right to reprocess spent nuclear fuel. Recently on the sidelines of the G-8 summit in the Baltic resort of Heiligendamm in Germany, Prime Minister Manmohan Singh suggested US President George Bush a number of alternatives that included establishing a national dedicated facility to stockpile the spent fuel. According to sources in the External Affairs Ministry, the talks made the deal look 'doable'. Already four rounds of formal negotiations and numerous meetings on the sidelines of multilateral fora have taken place on the 123-agreement since November 2006, but New Delhi is not keen to conclude the agreement in haste. India had earlier stated that the US administration has assured it that there is nothing in the Henry Hyde Nuclear Cooperation Act that prevents them from implementing their obligations as laid in the July 18 and March 2 statements. Though the dates and venue for the next round of negotiations have not been decided, the South Block, which houses External Affairs Ministry, is optimistic that by late July or August 2007, the 123-agreement could be formalised. US Secretary of State Condoleezza Rice's expected visit to New Delhi in the next couple of months may finally see the culmination of the negotiations. Source: ANI - Copyright 2007 Community Email This Article Comment On This Article Related Links United States India Business Council (USIBC) Civil Nuclear Energy Science, Technology and News Powering The World in the 21st Century at Energy-Daily.com
Berlin (AFP) Jul 08, 2007German authorities on Sunday slammed Swedish energy giant Vattenfall Europe for waiting several days to declare problems at a nuclear power plant in northern Germany. The Brunsbuettel plant in the state of Schleswig-Holstein had to be temporarily shut down on June 28 because its capacity was overloaded. |
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