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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Worswick who wrote (431)	5/11/1998 12:28:00 PM
From: JPR	Respond to of 12475

Worswick: You have painted a picture of nuclear winter, which is a possibility. Sane minds will prevail. The event is real, but the motive is political and deterrent JPR

To: Worswick who wrote (431)	5/11/1998 12:55:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 12475

REF:India's nuclear test and U.S reaction,possible sanctions????!! Worswick: Well here is the latest on the U.S reaction to the nuclear tests conducted by India. ------------------------------------------------------------------- Monday May 11 12:03 PM EDT India tests may bring U.S. sanctions WASHINGTON (Reuters) - India's surprise underground nuclear tests may force the United States to impose sanctions, U.S. officials said Monday. They said senior members of the Clinton administration were scrambling to obtain more information about the tests, announced in New Delhi earlier in the day, and were examining U.S. sanctions laws to see if they might apply. White House Press Secretary Mike McCurry said the United States was "deeply disappointed by the decision of the government of India to conduct three nuclear tests. This runs counter to the effort the international community is making to promulgate a comprehensive ban on such testing." Another official said: "We're just huddling to assess what happened and what we're going to be able to do." U.S. officials said they were stunned by India's testing and deeply concerned because of the possibility that it could intensify an arms race in South Asia and exacerbate tensions with Pakistan. There was also concern that it could undermine efforts to implement the landmark Comprehensive Test Ban Treaty, which the United States and many other countries -- but not India or Pakistan -- signed in 1996. Officials said they did not believe the United States had advance warning of the tests even though India's foreign minister just had lengthy talks in Washington last Friday with top U.S. officials. -------------------------------------------------------------------- Monday May 11 12:03 PM EDT India criticized for nuclear tests NEW DELHI (Reuters) - India announced Monday that it had conducted three underground nuclear tests -- its first in 24 years -- in the desert state of Rajasthan, close to the border with Pakistan. India's archfoe Pakistan condemned the experimental blasts and said they would suck Pakistan into an arms race. Islamabad asked the international community to condemn them. And the United States said the tests may force it to impose sanctions. U.S. officials said senior members of the Clinton adminstration were scrambling to obtain more information about the tests and were examining U.S. sanctions laws to see if they might apply. Indian Prime Minister Atal Behari Vajpayee told a hurriedly summoned news conference that the controlled blasts were carried out at 3.45 p.m. (6.15 a.m. EDT) with a fission device, a low-yield device and a thermonuclear device. "The measured yields are in line with expected values. Measurements have also confirmed that there was no release of radioactivity into the atmosphere," he said in a statement from the lawn of his residence, a national flag standing beside him. The British Geological Survey said its equipment had picked up tremors from the unexpected tests measuring 4.7 on the Richter scale -- the equivalent of a light earthquake. The tests, India's first since its only previous test in 1974, come less than two months after the coalition government led by Vajpayee's Hindu nationalist Bharatiya Janata Party (BJP) took power. The BJP made the option to introduce nuclear weapons a key plank of its platform in the elections. The government said last month that it would decide whether to build nuclear weapons after a strategic defense review. India has refused to sign the Nuclear Non-Proliferation Treaty (NPT) and the Comprehensive Test Ban Treaty (CTBT), saying they are discriminatory because they allow a few countries to indefinitely hold nuclear arms with no commitment to disarm, while forcing all others to relinquish nuclear weapons. The nuclear tests follow a spate of controversial comments by India's outspoken defense minister George Fernandes, on the military threat posed by China, India's nuclear-armed neighbor to the north. India and China fought a brief but bloody war in 1962 -- two years before China held its first nuclear test. Many Indian analysts say that test spurred New Delhi's test a decade later. Fernandes also reacted sharply last month to an announcement by Pakistan, which has been to war with India three times, that it had test-flown a long-range missile. He accused China of supplying Pakistan with the missile technology and said India's Prithvi missile could reach anywhere in Pakistan. Pakistan says it is capable of producing nuclear weapons but has never conducted a test. Indian experts gave the unexpected tests a warm welcome. "It's wonderful. I am hearing the news just now and I'm speechless," said Raja Ramanna, former defense minister and former head of India's Atomic Energy Commission. "I think the government has taken a decisive step to ensure strategic security for India," Jyotindra Nath Dixit, former foreign secretary, told Reuters.

To: Worswick who wrote (431)	5/11/1998 7:07:00 PM
From: Srini	Respond to of 12475

Worswick: I personally have no feelings one way or the other about the recent nuclear tests. My only qualification to comment on the matter is that I was a young medical student in Madurai at the time of the original test in 1974. Indira Gandhi was riding high with her authoritarian policies, but I was too busy with my studies to really care. ( I cannot believe the amount of political change in the world since then.) I now live in Los Angeles, and have traveled extensively in Russia and China, something I would not have thought possible then. This time around I have a couple of casual observations : 1. India does not appear to be cheating or indulging in any double standards since as best as I can remember, they have consistently refused to sign the test ban treaty; which brings me to my second point... 2.Is it fair for a bunch of 'original' nuclear powers to dictate that this is a very dangerous technology for others to pursue, BUT they themselves feel more comfortable not giving it up (for the benefit of humanity), and the latecomers would just have to "trust them" to use it appropriately. (This is obviously a rhetorical question.) Srini.