UK to let firms into Indian civil nuclear market

July 28, 2010 6:17 AM EDT

Britain will start granting licences to its civil nuclear firms to export to India, British government sources said on Wednesday.

Business Secretary Vince Cable, on a visit to India with a large British delegation, told reporters that cooperation in the civil nuclear industry was one area where he expected the two nations to make a lot of progress.

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Government sources later explained that this was a reference to a change in policy on export licences for firms like Rolls Royce and Serco.

The move is aimed at boosting business and sending a positive signal to India on trade links.

Previously, British policy was not to let firms get involved in India's civil nuclear market because it is a nuclear-armed state that is not a signatory to the Nuclear Non-Proliferation Treaty and that does not separate its military from its civilian nuclear industries.

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