270,000 High-quality Jobs in the United States

U.S Chamber of Commerce President and CEO Mr. Thomas Donahue representing over three million U.S Businesses says "India's nuclear power requirements are projected to generate as many as 270,000 high-quality jobs in the United States in the next ten years. He adds that it presents an economic benefit of US $ 170 billions for the U.S businesses.”

(PRWEB) July 4, 2006 -- U.S Chamber of Commerce President and CEO Mr. Thomas Donahue representing over three million U.S Businesses says "India's nuclear power requirements are projected to generate as many as 270,000 high-quality jobs in the United States in the next ten years. He adds that it presents an economic benefit of US $ 170 billions for the U.S businesses.”

US $ 231 Billions a year trade. - The institution advancing America’s Commercial relations says that “this deal has a potential to boost U.S India business relations from today’s US $22 billion to $231 billion a year in the future.”

Strengthens America’s Competitiveness. - “In today's highly-competitive US $ 45 Trillion dollars world economy, this improved relationship also helps American corporations to out perform the world by leveraging India’s Competitiveness.” Says Mr. Rao Tuthika, who currently enjoys the appreciations from over 125 American companies such as Google, Sprint, JC Penney, P&G, Chevron, MBNA, eBay, SBC, Target, Staples, Costco, Gap, AT & T, Allstate, Safeco, CVS, Walgreens, Marriott, Radioshack, Walt Disney, Legg Mason etc,

Strategic Value. - The agreement with India, "is the most important strategic diplomatic initiative" said the legislation's prime sponsor, Republican Committee Chairman Richard Lugar of Indiana.

"There is no other bilateral relationship that is more important," for the United States said Senator Joseph Biden of Delaware, the panel's senior Democrat and the bill's co-sponsor.

Benefits for India:

Under this agreement, India would receive access to U.S. nuclear technology in exchange for placing its civilian nuclear facilities under international monitoring. Under the agreement, India would allow the International Atomic Energy Agency (IAEA), the United Nations nuclear watchdog, to inspect those facilities designated as civilian.

Helps lift more than five hundred million people from poverty. – The Indo-US Civil nuclear deal has profound implications on the India’s economy as well. According to India’s Planning Commission, India is facing energy crisis, which can slow down its economic growth. Also, the director general of the International Atomic Energy Agency (IAEA), and the 2005 Nobel Peace Prize winner, Mr. El-Baradei writes in the Washington Post on June 14, 2006, that "The nuclear deal gives India a 'safe and modern technology to help lift more than five hundred million people from poverty".

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