The Indo-US civil nuclear cooperation agreement , which gained waiver from the 45-member Nuclear Suppliers Group (NSG) in Vienna on September 6, 2008, will be ratified by the US Congress to remove 34 years of sanctions against India, following a nuclear device testing in 1974. 200px|US President George W. Bush and India's Prime Minister Manmohan Singh exchange handshakes in New Delhi on March 2, 2006. NSG's India specific waiver allows India to join a select club of nations free to have nuclear weapons, without the international watchdog International Atomic Energy Agency (IAEA) breathing down its neck. The waiver comes after strong opposition from China, New Zealand and Austria amongst a few others. However consensus for the waiver prevailed after India reiterated its commitment to non-proliferation and voluntary unilateral moratorium on further nuclear tests. With a USD 100 billion nuclear trade possible over the next 10 years, a number of countries including France, Russia and Canada are all vying for a piece of action. Meanwhile India has agreed to the US request to hold back discussions with others till US Congressional ratification so as not to prejudice the US firms.
The , which gained waiver from the 45-member (NSG) in Vienna on September 6, 2008, will be ratified by the US Congress to remove 34 years of sanctions against India, following a nuclear device testing in 1974. 200px|US George W. Bush and India's Manmohan Singh exchange handshakes in on March 2, 2006. NSG's India specific waiver allows India to join a select club of nations free to have nuclear weapons, without the international watchdog (IAEA) breathing down its neck. The waiver comes after strong opposition from China, New Zealand and Austria amongst a few others. However consensus for the waiver prevailed after India reiterated its commitment to non-proliferation and voluntary unilateral moratorium on further nuclear tests. With a USD 100 billion nuclear trade possible over the next 10 years, a number of countries including , and are all vying for a piece of action. Meanwhile India has agreed to the US request to hold back discussions with others till US Congressional ratification so as not to prejudice the US firms.
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Indo-US civil nuclear cooperation agreement
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Nuclear Suppliers Group
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President
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Prime Minister
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New Delhi
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International Atomic Energy Agency
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France, Russia and Canada
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