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Informal NSG waiver likely before March

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  • “We hope to do another round (of negotiations) in the middle of January in Vienna. We hope to wrap it up”, Foreign Secretary Shivshankar Menon told reporters in New Delhi on Friday.

    Only when IAEA prepares a final agreed text which has to be cleared by its Board of Governors, the US could go ahead with its talks with the 45-member NSG to get a clean and unconditional exemption for India to do nuclear commerce.

    Once the IAEA agreed text and the draft on waiver for India by NSG, one of the pre-requisites for operationalisation of the deal first mooted in July 2005, are ready, they have to be finally approved by the US Congress.

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