Thursday, October 9, 2008

Bush signs Bill for 123 Agreement

In Washington, DC, US President George W Bush has signed the India-US Nuclear Cooperation and Non-Proliferation Enhancement Act, the guiding and enabling legislation for clearance of the 123 Agreement.

In a formal gathering at the White House, attended by the President, the Vice President, Secretary of State Condoleezza Rice, Congressmen, Indian Ambassador to the US Ronen Sen,  businessmen and prominent members of the Indian-American Community, Bush make a congratulatory speech and said that this would be a major step ahead for India-US ties, which are more vibrant today than ever before.

He pointed out that India and the US were natural partners in this hostile world. He said that the passage of the agreement would send a strong signal that democracies that respect the rule of law would find a friend in the US. 

The final stage left is for the Secretary of State to sign the agreement with External Affairs Minister Pranab Mukherjee, and that will edna a three-year saga.

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