CURRENT AFFAIRS

Detailed explanation-1: -India’s nuclear isolation ended with its signing of a civil nuclear agreement with the US in 2005.

Detailed explanation-2: -Deals with Other Countries: Post waiver, India signed nuclear cooperation agreements for peaceful means with the US, France, Russia, Canada, Argentina, Australia, Sri Lanka, United Kingdom, Japan, Vietnam, Bangladesh, Kazakhstan and Korea.

Detailed explanation-3: -The 123 Agreement signed between the United States of America and the Republic of India is known as the U.S.–India Civil Nuclear Agreement or Indo-US nuclear deal.

Detailed explanation-4: -Why is it called 123 Agreement? The bilateral “Agreement for Co-operation between the Government of India and the Government of the United States of America concerning Peaceful Uses of Nuclear Energy” has been done in view of the requirement for the US side under Section 123 of its Atomic Energy Act 1954.

Detailed explanation-5: -Under the agreement, Japanese firms may supply nuclear materials, equipment and technologies to India for “peaceful and non-explosive purposes.” The companies may also provide support services for designing, building and operating reactors.