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Russia

  • The oil muddle

    The time has come for the government to get off the oil industry's back The runaway rise in international oil prices, which recently crossed $100 a barrel, has put Indian oil companies in a spot. Even as their costs rise, they are unable to raise prices to get the resources needed for acquiring oil assets or otherwise build the infrastructure needed for oil security.

  • Unwarranted resolution

    In voting for the further tightening of international sanctions against Iran despite the satisfactory resolution of all concrete issues surrounding its previous nuclear activities, the United Nations Security Council has wilfully and unnecessarily escalated a crisis that was heading towards a peaceful end. When Iran's nuclear file was sent to the UNSC in 2006, there was one major and several minor outstanding issues that the International Atomic Energy Agency (IAEA) claimed were standing in the way of certification of the absence of "undeclared nuclear activities.' The major issue was the extent of work Iran might have done on the P-1 and P-2 centrifuge designs bought from the clandestine network run by A.Q. Khan. The minor issues were (a) establishing the source of enriched uranium contamination on equipment at an Iranian technical university; (b) explaining the procurement activities of the Physics Research Centre (PHRC); (c) understanding why Iran had conducted experiments with Polonium-210; (d) understanding the significance of a document on the casting of uranium metal that Iran said it was given by the Khan network; and (e) resolving the status and extent of work undertaken at the Gchine uranium mine. The IAEA also said it had questions based on documents provided to it by other member states (to wit, the United States) suggesting that Iran might have engaged in additional studies and research on warhead design and uranium conversion. In diplomatic discussions of the Iranian nuclear file, these alleged studies invariably figured last. Not anymore. Now that the IAEA, in its latest report dated February 22, has pronounced itself satisfied with Iran's explanation of all five outstanding issues (the P-1 and P-2 question was resolved last year itself), these "alleged studies' (as the IAEA itself terms them) have become the new focal point of U.S.-led efforts to pressure the Islamic Republic to give up its right to pursue a civilian nuclear fuel cycle. Resolution 1803

  • Convergence at IAEA: Congress

    The Congress on Tuesday gave a clear indication that following the "convergence of views' in the India-specific safeguards agreement talks at the International Atomic Energy Agency (IAEA) this weekend, the UPA government was all set to go ahead with the India-U.S. nuclear agreement. Even as the Left parties reiterated their opposition to the deal in response to External Affairs Minister Pranab Mukherjee's suo motu statement on foreign policy in Parliament on Monday, All-India Congress Committee (AICC) spokesman Abhishek Singhvi said: "We are happy at the significant progress made at the IAEA talks [over the weekend]. We are particularly happy that vast and diverse areas of differences [towards India-specific safeguards] have been ironed out in the fifth round and we are optimistic about the outcome of the talks at IAEA.' In his statement, Mr. Singhvi categorically conveyed that "with the broad agreement in the IAEA and with the virtual acceptance of most, if not all, of India's concerns,' the Congress was confident of a "reasonable approach by all sections [Left parties] of the joint mechanism' on the deal. "As far as the Congress is concerned, it is committed to the deal and reiterates that it will be beneficial to the country. With this new development of convergence of views in the fifth round of talks, we are optimistic, hopeful and positive. The deal is in the interest of the nation,' he asserted. An India-specific safeguards agreement with the IAEA would enable the Nuclear Suppliers' Group to amend its guidelines for civilian nuclear commerce to the advantage of India. This would enable India to have bilateral civilian nuclear trade cooperation with countries like the U.S., the U.K., Russia and France. Safeguards issue Asked about the Left's concerns on the Hyde Act, Mr. Singhvi said the talks at the IAEA were about India-specific safeguards, most of which had been addressed. A senior Congress leader indicated that after waiving farmers' debt, the Congress-led UPA hopes to bring the nuclear deal centre stage in this crucial election year.

  • A government under an asbestos roof

    first up, another tribute is due to all the people that campaigned and supported the Right To Information Act, 2005. But for this vital legislation, we would have been so much the poorer for not

  • Russia sets rules for carbon credits

    Russia sets rules for carbon credits

    Entrepreneurs and big polluters can now profit from greenhouse gas emissions cuts by investing in Russia. On January 29, the Russian government set down the much-needed rules for the development

  • Norilsk in pollution suit

    Russia's environmental watchdog yesterday said it had filed a Rbs4.35bn ($180m) pollution suit against Norilsk Nickel, the Russian mining group, in its largest ever environmental complaint against a Russian company.

  • Japanese carmakers avoid downturn in west

    Japan's top three carmakers produced a record number of vehicles globally last month, highlighting the resilience of the Japanese car industry in the face of a higher yen, soaring oil prices and slowing economic activity in key markets. Toyota said January production for the group, which includes Daihatsu, the mini-vehicle maker, and Hino, the truckmaker, rose 8.2 per cent to a record 801,873. Japan's largest vehicle maker is experiencing strong demand in emerging markets, such as China, India and Russia, which has more than offset slight weaknesses in the US and Europe.

  • MIRROR OF OUR TIMES (Editorial)

    The Arctic reflects what ails a world gripped by global warming. As the ice melts and nations vie for rich mineral resources once hidden under the snow, the writing on the wall is often ignored, says Fatima Chowdhury Thousands of miles away in the Arctic region, fate stands delicately balanced at the edge of time. Located at the North Pole, the region includes the Arctic Ocean surrounded by the five Arctic states

  • Building on a solid foundation

    In initialling an agreement on cooperation in setting up additional nuclear power plants, India and Russia got around a glitch that had affected the long-standing relationship. The two countries can now start drafting commercial contracts, and perhaps even undertake some preparatory work, for constructing two additional reactors at Koodankulam. However, India may not be able to take further steps to operationalise the deal before it concludes negotiations with the Internat ional Atomic Energy Agency and the Nuclear Suppliers Group. These negotiations being held under the terms of the 123 agreement with the United States could break down. New Delhi has of course been bending over backwards in its efforts to stay on the right side of Washington. It was for this reason that India refrained from signing the bilateral nuclear cooperation agreement even when it was pressed to do so by Russia's President Vladimir Putin during Prime Minister Manmohan Singh's visit to Moscow in November 2007. With the initialling of the bilateral agreement during Russian Prime Minister Victor Zubkov's return visit earlier this week, Moscow has been provided some assurance that it will have the inside track when the scope for India-oriented nuclear commerce is widened. India and Russia were able to sort out differences over the utilisation of the rupee debt fund, placed at Rs.8,000 crore, during Dr. Singh's November visit. In New Delhi, Mr. Zubkov announced that the newly launched titanium project in Orissa had been identified as a target for this fund. Given the depth of the strategic relationship between the two countries, the lack of a substantial increase in bilateral trade is disappointing. Future prospects do not look bright either, since the two countries think they can at best increase commerce between them from $3 billion to $10 billion by 2010. Whether expectations will be exceeded after a Comprehensive Economic Cooperation Agreement is finalised is an open question. Mr. Zubkov has responded positively to the proposals put forward by Petroleum Minister Murli Deora for cross-investments in the energy sector. India is particularly interested in acquiring a stake in the Sakhalin III and other major petroleum projects in far-east Russia. India's commercial and industrial enterprises perhaps need to be reminded that there can be destinations other than the West. The cultural shows to be organised during the current "Year of Russia in India' will, hopefully, serve this purpose.

  • Reactors from Russia

    Support for India's search for N-energy

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