Fending off bullets from every quarter, the beleaguered US President looks set to push the India-US nuke deal through both Houses. The nuclear deal hasn’t gone down well with either the Indian public or the US. For starters, most of us really don’t know what the fine print reads. In our own media, we have different news channels and different newspapers telling us different things – what we think depends on who we watch and what we read – and no two sources of information agree on a single point.
India is not a signatory to the NPT and traditionally, the US has refused to do nuclear commerce with non-signatories. India becomes the first exception to the rule and will receive civilian nuclear fuel and technology despite staying out of the NPT. Amid vociferous opposition from some factions about setting a bad precedent, President Bush managed to push the nuclear bill through treating India as a special case because of its responsible nuclear record (what this means is anyone’s guess since the US imposed sanctions on civilian nuclear cooperation on India because we tested in 1974). But the US has the tough task of convincing the Nuclear Suppliers Group – a group of 45 nations – to ride along. Right now, no one is really going along with anything that America says or does. So why is America going out on a limb for the deal?
It’s stupid for us to think they love us very much. India will need a lot more energy in the coming years than we are capable of producing. America’s stake in India is high, especially since 1990 when we embraced “liberalization” – it’s another matter that we were by then pushed to the wall – we hardly opened up out of choice; we had nowhere to turn. It had been proven beyond reasonable doubt that Russia’s brand of socialism was not going to sustain us anymore.
India has gained America’s respect as an emerging economic power that can’t be ignored. To America’s credit, if they can’t beat you, they’ll join you which is exactly what they’ve done with India. Today, America’s investments in India need uninterrupted energy supply – we can’t guarantee that, so Uncle Sam is stepping in to take care of itself; we shouldn’t pretend that it’s not beneficial to us either and we shouldn’t expect the US not to look out for itself. They’re doing business and they will drive a hard bargain. This deal is not so much about politics as it is about business. In America, business drives politics and not the other way around like it used to be in India in the good old Nehruvian socialism days. This is a deal that the American business community wants and what they want, they usually get – despite everything, the dollar still shines brighter than every other currency. How much can we come away with? Can we match America’s selfishness and secure our own future? That should be the starting point of our negotiations on the 123 Agreement that the US and India are expected to sign, the clauses of which will become binding on India. It’s time to show the world - not just the US - how hard we can play.
