Assessing the Indo-US deal on civil nuclear cooperation: Managing risks and opportunities (NIAS Report No. R1-2007)

There has been a lot of debate in India on the risks associated with entering into civil nuclear cooperation with the US. The deal raises interrelated political, strategic and operational risks. The Henry J. Hyde Act passed by the US Congress lays down the legal framework within which the US must negotiate the bilateral 123 Agreement with India.1 This critical analysis of the Indo-US deal assesses the risks associated with entering into this deal and suggests strategies to manage these risks. This report also contains two annexures. Annexure I analyses the major provisions of the Hyde Act. Annexure II examines the economic implications of creating and maintaining a strategic fuel reserve over the lifetime of each imported reactor