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Japan, USA, France, (not India) gain from nuclear sales to India

India shouldn’t buy what Japan is selling, Live Mint, 4 Nov 13, Materials of substandard quality have already been installed in Kudankulam plant, says former chairman of AERB   Pankaj Mishra ……… there are also broader political and economic compulsions behind the new proliferation of nuclear technologies.Japan’s conservative leaders want to preserve their nuclear option, even if that risks provoking South Korea and a devastating arms race in north Asia. Worried by Japan’s unused plutonium supply, the US, as the Wall Street Journal reported in May, is pushing to restart nuclear reactors in Japan.

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It is also true that, as Japan scholar Jeff Kingston points out, the export of technology by Japanese companies is key to Abenomics. Japan is at the center of the global nuclear-industrial complex, which stands to benefit greatly from the continued sale of an outdated and demonstrably dangerous technology to wannabe nuclear powers such as India and Turkey.
 
Toshiba Corp. owns 87% of Westinghouse Electric Co. LLC, which is helping to build a nuclear plant —again, against intense local protests—in the Indian state of Rajasthan; Hitachi Ltd. and Mitsubishi Group are in collaborations with General Electric Co. and the French company Areva SA, whose multiple deals with India make it the real beneficiary of the country’s US-assisted admission to the nuclear club in 2008………….http://www.livemint.com/Opinion/pll6bU0OeLabWyTEYBAtIJ/India-shouldnt-buy-what-Japan-is-selling.html

November 5, 2013 - Posted by | India, marketing

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