Tuesday, September 30, 2008

Nuclear Horses Off and Running to New Delhi

While Senator Reid is hopeful that the U.S.-India nuclear deal the House approved last week will be voted on in the Senate tomorrow, the French have today announced they have concluded their own nuclear deal with India. Russia has also announced plans to expand its own efforts--it seems everyone wants a piece of the estimated $145 billion market.

Prime Minister Singh stopped off in France after a visit to Washington. Perhaps a subtle or not so subtle signal that Washington is not always "the only game in town". His speech to the India-EU Business Summit today in Paris also sounded the theme, of how Europe and India have to work together to prop up and ride out the impacts of the U.S. economic crisis. India definitely is putting its eggs in many different baskets.

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