The Hindu Business Line : NSG waiver more a US victory than Indian: Iyengar

MUMBAI: The waiver granted to India by the 45-nation Nuclear Suppliers Group (NSG) to conduct nuclear commerce is more of a victory for the United States than an Indian win, according to former Atomic Energy Commission chairman, Mr P K Iyengar.

“Do remember that 34 years ago, NSG was created by Americans. Hence it has been their onus to convince the group to grant the waiver to India to carry out the multi-billion dollar business as India is a large market,” Mr Iyengar, a critic of the Indo-US nuclear deal, said.

“Of course, we have to wait and see what the suppliers like Australia and Canada will do regarding supplying fuels and the cost of that supply,” Mr Iyengar said.

During the entire process, “India was obliged to respect countries like Austria, New Zealand and Ireland as nuclear suppliers. What kind of suppliers are they God only knows,” he said sarcastically. - PTI

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