India and the United States Friday released the text of the 123 agreement which allows nuclear cooperation between the two countries without any cap on India's strategic programme.
This also grants prior consent to India to reprocess spent-fuel and strategic fuel reserve for civilian reactors, the text of the 123 pact released in Delhi today said.
The 123 pact, named after section 123 of the US Atomic Energy Act, however, gives the US the right to seek return of nuclear fuel and technology sold to India, but it will compensate New Delhi quickly for the fair market value thereof and the costs incurred as a consequence of such removal.
Under the agreement, India can develop strategic reserve of nuclear fuel to guard against any disruption of supply over the lifetime of its reactors.
The agreement will be implemented in a manner that "does not hinder or interfere with India's nuclear programme for military purposes developed independent of the civil nuclear deal." The 22-page text refers to the termination of the nuclear cooperation with one-year notice period but prior to that India and US will hold consultations on the circumstances, including changed security environment.
There is no reference to nuclear testing in the text of the 123 pact and the implications of any nuclear test by India. The civilian nuclear deal will be valid for 40 years. It will continue in force for additional periods of 10 years.
The 123 agreement envisages "full civil nuclear cooperation activities covering nuclear reactors and aspects of the associated nuclear fuel cycle including technology transfer on an industrial or commercial scale between the governments or authorised persons." "Each party may, by giving 6 months written notice to the other party, can terminate this agreement at the end of the initial 40 year period or at the end of the subsequent 10 year period," says the text of the 123 agreement.
"The agreement is between two states possessing advanced nuclear technology, both parties having the same benefits and advantages and committed to non-proliferation of weapons of mass destruction," according to the text.
Under the agreement, the US is committed to engage with the 45-Nation Nuclear Suppliers Group to help India to obtain full access to the international fuel market. The US will also join India to negotiate with the International Atomic Energy Agency an India-specific fuel supply agreement.
The agreement allows enrichment of 20 per cent of isotope 235 of Uranium transferred under the pact.
The 123 agreement needs to be approved by the US Congress before it becomes legally effective.
Last Mod: 03 Ağustos 2007, 19:11