US-India Business Council hails signing of deal legislation
The US-India Business Council said the signing of the deal was a defining moment in the relations between the two countries.india Updated: Dec 19, 2006 11:57 IST
The US-India Business Council has hailed the signing of the legislation on India-US nuclear deal by US President George W Bush as a defining moment in the relations between the two countries.
"It marks a defining moment in the US-India relations, reminiscent of Nixon's opening to China," Council President Ron Somers said in a statement in Washington.
"...We are now witnessing this change in US law that finally ends three decades of technology denial against India And, in so doing, will change the course of history," Somers said. Officers of the Council were present at the signing in ceremony.
Noting that it was the beginning of an equal partnership based on trust and mutual respect, Somers said the relationship between the two countries will change the economic and geopolitical destiny of the 21st century.
The Council, a division of the three million-member strong US Chamber of Commerce, formed the Coalition for Partnership with India shortly after the July 2005 visit to Washington of India's Prime Minister and was one of the key players in ensuring Congressional passage.