India-France Nuclear treaty..tilting the global power balance

India has made the much awaited entry in to the world of nuclear trade. Ironically, France has beaten USA to the inking of the bilateral treaty with the most lucrative market.

 Let us hope that the nuclear trade would stand the nation in good stead as India looks to take over the centre stage from western countries.  Prime Minister Dr.Manmohan Singh’s statement that India and China have to take the initiative to rescue the world from the financial chaos resulting from US economic crisis signals the imminent shift in global political and economic power balance.