- USINPAC today hailed the agreement reached by American and Indian officials over the nuclear deal between the two nations calling it a historic milestone in US-India relations. The final draft agreement will now be referred to the respective governments for their approval.
Universally regarded as one of the most important pacts of the 21st century, the US-India Civil Nuclear Agreement lays the foundation stone for India's energy self-reliance and opens avenues for American businesses to invest in the country's booming economy.
USINPAC Chairman Sanjay Puri said: "The United States and India have achieved what everyone thought was impossible when President George W Bush and Prime Minister Manmohan Singh announced their plan for a civil nuclear agreement in July 2005. Exactly two years later, the two nations have not only reached an agreement, but created a lifelong partnership between two nations that are committed to democratic principles and the idea of energy independence."
He added: "Despite occasional setbacks, the Indian American community worked closely with U.S. administration officials as well as India's key negotiators to get the deal closer to reality," Mr. Puri said. "With the signing the nuclear deal now just a formality, USINPAC has underlined the need for a sustained, long-term multi-sector dialog between the two nations. Both the U.S. and India will have the common goal of energy independence. More importantly, however, the document will build a strategic partnership between two of the greatest democracies in the world that could well redefine the 21st century."