I think we should also look at this agreement from an American point of view as well. Living in North America for quite a few years, let me shed some light on this situation.
India is viewed by US and NATO countries as being a "safe" customer. It is the largest democracy in the world and has never had a history of a political turmoil or a coup (except for the Emergency years I guess).
The only reason India was not favoured by NATO countries was because of its affiliation with the Warsaw Pact countries, most importantly Soviet Union. Now that all of that has ended, everyone wants India on their side, for reasons mentioned above.
Now the nuclear deal kinda ties India with the true "Western world", with billions of dollars of business deals. It is both a good thing and a bad thing for India. On one hand India gets easy access to some much needed technology which can greatly help in its development in the long run. The energy problem is one of the biggest concerns in the country and can be a big deterrent in its growth. On the other hand, it might not be allowed to have close ties with "suspect" countries like Iran, North Korea etc.
If you ask me, I'd gladly go with the first option. India's primary concern should be to catch up with its Western counterparts in terms of economic and technological development, and this Nuclear deal is just the beginning.
If it goes through as planned and India commits to what it said in the agreement, it will bring a lot of confidence to the Western (and NATO) investors and governments and more favourable trade and even defense agreements might follow in the near future.
As an example, we've all seen the billions of dollars wasted on projects like the LCA which could have been put to better use elsewhere if we had more options and flexibility to buy our aircraft from. Also look at countries like Israel, Japan and even South Korea's tremendous growth in the last 40-50 years despite of all their wars and conflicts because of all the favourable free trade and defense agreements. The time has come now to think outside the box, and not just concentrate on our neighbours and their threats.
Last edited by sujaylahiri : 11th September 2008 at 22:41.
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