NSG Waiver for the Nuclear Deal will Accelerate Investment in India's Nuclear Sector
Book Details
Author(s)GlobalData
PublisherMarketResearch.com
ISBN / ASINB0032JPNEO
ISBN-13978B0032JPNE3
MarketplaceFrance 🇫🇷
Description
NSG Waiver for the Nuclear Deal will Accelerate Investment in India’s Nuclear Sector
Summary
In response to the Peaceful Nuclear Explosion in 1974 the Nuclear Supplier countries imposed a ban on the trading nuclear material, equipments, and technology with India. The role of Nuclear Suppliers Group (NSG) which was set up in 1975 is to control the accessibility of nuclear exports and to make all the nuclear power countries the members of Non-Proliferation Treaty. Being a non-member of Nuclear Non-Proliferation Treaty (NPT) and Comprehensive Test Ban Treaty (CTBT), many NSG members felt that approving nuclear trade with India, a nuclear-armed country, would undermine global non-proliferation efforts and further legitimize nuclear weapons. India managed to operate its civilian and military reactors with the available uranium sources and heavily depended on the conventional sources for electricity generation. The NSG approval and the finalization of India-US Civilian Nuclear deal on October 11, 2008 for India’s formal entry into the nuclear fuel trade and technology cooperation also signifies the beginning of the country’s extended trade relations with the nuclear fuel and technology suppliers.
Scope
GlobalData viewpoints cover the latest key events or important developments in the nuclear energy industry and provide our in-depth analysis of issues and challenges. Viewpoints offer expert opinions and GlobalData’s views of various developments that have been taking place in the nuclear energy industry across the world.
Reasons to Buy
Summary
In response to the Peaceful Nuclear Explosion in 1974 the Nuclear Supplier countries imposed a ban on the trading nuclear material, equipments, and technology with India. The role of Nuclear Suppliers Group (NSG) which was set up in 1975 is to control the accessibility of nuclear exports and to make all the nuclear power countries the members of Non-Proliferation Treaty. Being a non-member of Nuclear Non-Proliferation Treaty (NPT) and Comprehensive Test Ban Treaty (CTBT), many NSG members felt that approving nuclear trade with India, a nuclear-armed country, would undermine global non-proliferation efforts and further legitimize nuclear weapons. India managed to operate its civilian and military reactors with the available uranium sources and heavily depended on the conventional sources for electricity generation. The NSG approval and the finalization of India-US Civilian Nuclear deal on October 11, 2008 for India’s formal entry into the nuclear fuel trade and technology cooperation also signifies the beginning of the country’s extended trade relations with the nuclear fuel and technology suppliers.
Scope
GlobalData viewpoints cover the latest key events or important developments in the nuclear energy industry and provide our in-depth analysis of issues and challenges. Viewpoints offer expert opinions and GlobalData’s views of various developments that have been taking place in the nuclear energy industry across the world.
Reasons to Buy
- Develop business strategies with the help of specific insights from GlobalData on the key events happening in the nuclear energy industry.
- Gain a strong understanding of the nuclear energy market and analyze the major trends in the global nuclear energy industry today
- Identify opportunities and challenges with the help of our analysis of the latest news and deals in the nuclear energy industry
- Increase future revenue and profitability with the help of information on latest operational, financial, and regulatory events
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