Business Daily from THE HINDU group of publications
Thursday, November 9, 2006


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Subscription

Group Sites

News Update as at 18.00 hrs (IST)

General
Democrats willing to take up nuclear deal in Senate next week

WASHINGTON: The US Congress could clear The Indo-US civil nuclear agreement this year with key Democratic lawmakers saying that they were ready to go with the Bush administration on the Bill enabling the deal soon after they wrested control of the Capito l Hill.

Allaying fears that a power shift from Republicans will impede the passing of the deal in the Senate, President George Mr W Bush and Senate Democratic party leader Mr Harry Reid said they wanted the deal with India to be taken up in the 'Lame Duck' sessi on, likely to take place on November 15-16.

"I'm trying to get the Indian (nuclear) deal done, the Vietnam (trade) deal done and the budgets done," Mr Bush said at a press conference in reply to a question. He was asked whether he would support a Bill to extend voting rights in the district of Col ombia.

Endorsing the view, Mr Reid said ''India is the largest democracy in the world. We want to work with them, and it is important we move along the lines."

Expressing the hope that the Bill on the deal would be considered when Congress meets next week, Mr Joe Biden, a top Democrat on the Senate's foreign affairs panel, said lawmakers were 'ready to go with the India Bill.'

Mr Biden said it would take 'at least a day's worth of debate, no more than two,' to settle the Bill in the Senate.

With the deal receiving bipartisan support, Mr Biden said it would be cleared 'with a very large vote'. If the Senate takes up the nuclear deal next week, New Delhi is optimistic that it will enable completion of the Congressional processes by year-end. - PTI

Prev: Outsourcing is good for US economy: Ballmer
Next: Satyam bags Rs 243 cr deal from Qantas


Business Line | NUS Index |


In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Gold scaling new highs
More

In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
More


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line