Washington: Ahead of US Secretary of State Condoleezza Rice's Congressional testimony on the Indo-US nuclear deal on Wednesday, top US business leaders have asked legislators to pass laws needed for atomic energy cooperation with India.
"We strongly believe Congress should enact the necessary legislation to enable civilian nuclear cooperation which will catalyse the synergies of our two democracies in the war against terrorism," the CEOs of various companies said in a letter to Democrat and Republican Congressmen.
"In our collective view, this historic opportunity must not be lost," said the letter signed among others by William Harrison Jr, JP Morgan Chase Board Chairman and addressed to the Chair and ranking members of the Senate Foreign Relations Committee and House International relations Committee before which Rice is scheduled to testify.
"American business leaders are united in their belief that fundamentally upgrading the US-India relationship represents one of the most important strategic innovations in foreign policy since the end of the Cold War," they said.
"Such legislation will be viewed within India as a genuine manifestation of mutual trust and respect and will signal to the world the alignment of two great democracies with shared values for the 21st Century," the CEOs said.
The letter was co-signed by CEOs of AES Corporation, Dow Chemical Company, Honeywell Inc, McGraw-Hill Companies, Parsons Brinckeroff Inc and Xerox Inc.
The business leaders said that during their deliberations in both countries, they recognised that there is "an enormous potential for US and India to grow their bilateral flow of trade and investment and for creating a wide range of mutually benefical business opportunities of interest to both sides."
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