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US nuclear trade mission to visit India

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    A nuclear trade delegation from the US will arrive in India in January
    The largest trade mission of US commercial nuclear executives will visit India next month to develop business alliances for meeting collective energy security demands and enriching technology collaboration.

    The United States India Business Council (USIBC) in partnership with the Nuclear Energy Institute and the Department of Commerce has scheduled the visit to India for January.

    "US companies are solidly committed to India - to the heart and spirit and soul of the people as was so courageously demonstrated in Mumbai just ten days ago. The time is ripe to develop business alliances that will chart a dramatic course for the future of both our countries in terms of meeting our collective energy security demands, enriching technology collaboration, and protecting the global environment" President of the USIBC Ron Somers said in a statement.

    Since rescheduling the mission on November 27, USIBC and Nuclear Energy Institute (NEI) have augmented the delegation with additional leading US commercial nuclear suppliers. In total, the delegation will include more than 50 senior executives representing more than 30 of the world's leading commercial nuclear companies.

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    "Courageous action by India's Government, backed by stalwart US support, culminated in conclusion of the historic deal barely two months ago. US industry, including many of the commercial nuclear suppliers on this mission, provided massive political support for the deal in Washington.

    Through the USIBC-led coalition for partnership with India, US industry joined with Indian Americans and policy experts to win final approval by the US Congress for ending

    India's nuclear isolation" the top advocacy group has said.

    "India's emergence from 34 years of nuclear isolation is an exemplary achievement. But the resilience and bravery and remarkable restraint demonstrated across the country after the recent terrorist strikes in Mumbai are what make us so proud to be associated with India. US companies look forward, more than ever, to forming linkages with Indian counterparts to share technologies that will benefit all humanity as we strengthen our economic bonds for the 21st century" Somers said.

    "US industry is a reliable partner for India, and we are proud to demonstrate again our solidarity," added USIBC Director Ted Jones. "We are eager to explore, at this more convenient time, how we can partner with India here and around the world."

    The US commercial nuclear industry leads the world in size, performance, innovation, and engineering worldwide. The US is the largest generator of electric power in the world – with 27 per cent of the world's total installed capacity and nearly double the number of reactors as France.

    The US also produces at roughly half to one-third of the cost in other major countries. In recent decades, US reactor companies and civil nuclear engineering companies have remained at the forefront of innovation and engineering worldwide.

    The US-India Business Council (USIBC), formed in 1975 under the aegis of the US Chamber of Commerce, is the premier business advocacy organization representing 300 of the largest US companies investing in India, joined by global Indian companies, whose mandate is to deepen US-India commercial ties.

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