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Financial In Market By Randy Chen

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Oriental Trading (AXcess News) Hong Kong - President Bush and India PM Singh signed a trade accord between the US and India Thursday that opens foreign trade between the two countries in areas of agriculture, science and technologies. Of particular interest was a civil nuclear trade agreement that finalized the separation ofIndia's civilian and military nuclear facilities, clearing the path forIndo-US overall civil nuclear cooperation.

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Financial Forex Forex Software Singh held a two-hour talk with Bush on the second day of his visit to India before the two leaders announced the trade accords.

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Trading Singh said that while India had successfully prepared a plan for separation of its civilian and military nuclear reactors, it was now up to the US Congress to take it further, implying that Bush had to sell it US lawmakers on his return to Washington.

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Trading Financial System In response, Bush said: "I am looking forward to working with our United States Congress to change decades of law that will enable us to move forward in this important initiative."

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Day Trading The nuclear deal, first reached during Singh's visit to Washington in July last year, will allow India access to uranium, US civilian nuclear technology and bring India out of nuclear isolation.

Forex Financial Trading The There are concerns that the move will set a bad example for other countries as India has refused to sign the Non-Proliferation Treaty after it conducted nuclear tests in 1998.

Fortune Make Option Trading To address the concerns, Bush said, "Proliferation is certainly a concern and a part of our discussions, and we've got a good faith gesture by the Indian government that I'll be able to take to the Congress."

Science Of Financial Market New Delhi and Washington have had a hard bargain on finalizing a separation plan that satisfied both. They used to have differences over whether India's fast breeder reactor and some other research projects should be put in civilian categorization.

Future Trading How these differences were ironed out are yet to be revealed as the Indian government did not release the details of the plan.

Financial Sales Services But New Delhi Television quoted sources as saying that India planned to open 14 of its 22 reactors for international inspection.

Commodity Trading Two days before Bush's arrival here for a three-day visit, Singh had assured the Indian Parliament that India would not, in any case, put its fast-breeder reactors under international safeguards.

Financial Services Trading With the separation plan sealed, Bush will have to push the Congress to amend the law and get the Nuclear Suppliers' Group to accept it so that Washington can fulfill its promise to supply fuel and technologies to New Delhi.

Online Forex Trading Besides progress in the nuclear deal, the two countries added more on their bilateral ties development.

Financial Portfolio Trade "Many of the areas that our cooperation now covers are essential to India's national development. They include energy, agriculture, science and technology, trade and investment, high technology, health and a clean environment. This is a highly ambitious agenda, one that is befitting our growing strategic partnership," Singh said.

Sierra Trading Post The joint statement, announced by the two leaders Thursday, outlined how India and the United States endorsed the efforts of the U.S.-India Trade Policy Forum on reduction of barriers to trade and investment, aiming at doubling bilateral trade in three years.

Trading Financial Future The two nations also agreed to expand cooperation in agriculture, science and technology, and civil space, including space exploration, satellite navigation and earth science.

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