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Nuclear Energy Institute
FOR IMMEDIATE RELEASE: November 25, 2008
Contact: media@nei.org, 202.739.8000 or 703.644.8805 (after hours and weekends)

Nuclear Energy Institute Partners With US-India Business Council for December Trade Mission

WASHINGTON, D.C.—The Nuclear Energy Institute, in partnership with the U.S.-India Business Council (USIBC) and with certification by the U.S. Department of Commerce, will conduct the largest trade mission of U.S. commercial nuclear executives ever to visit India in January.

The delegation of the USIBC-NEI Commercial Nuclear Mission will include more than 50 senior executives representing more than 30 of the world's leading commercial nuclear companies. Jack Fuller, chief executive officer of GE-Hitachi, will be the official Mission Leader.

The USIBC-NEI mission will arrive in India just two months after the historic opening of India to civilian nuclear trade with the United States and the world. Announced on July 18, 2005, during the visit of Prime Minister Manmohan Singh to Washington, the U.S.-India nuclear deal was consummated with the signing, on Oct. 9, of the U.S.-India 123 Agreement by U.S. Secretary of State Condoleezza Rice and Indian Foreign Minister Pranab Mukherjee. The agreement also was approved by Congress, the International Atomic Energy Agency and Nuclear Suppliers Group.

The USIBC-NEI delegation will meet with India government officials, the leaders of India’s top public-sector undertakings, and senior executive counterparts from India’s rising global companies. Starting in New Delhi, the mission will travel to Hyderabad and then Mumbai.

“NEI is proud to partner with the USIBC on this historic trade mission that can well open the door to new business opportunities for American and Indian companies in the expansion of clean, safe nuclear energy,” said Marvin Fertel, NEI’s acting president and chief executive officer.

“The United States and India have some of the world’s leading engineering companies in the commercial nuclear sector that can work collaboratively to build new reactors over the next two decades and to maximize safe and reliable operations.”

USICB President Ron Somers said, “We applaud the visionary and courageous leadership of India’s political leaders. That vision, supported by India’s partners, put an end to India’s nuclear isolation and made U.S.-India commercial nuclear trade possible.”

“We are coming to India to learn how U.S. commercial nuclear suppliers can continue our partnership with India in the expansion of nuclear power,” added USIBC Director Ted Jones. “We want to partner with India both here and around the world.”

U.S. industry, including many of the commercial nuclear suppliers on this mission, provided political support for the U.S.-India Civilian Nuclear Initiative. Through the USIBC-led Coalition for Partnership with India, U.S. industry joined with Indian Americans and policy experts to help win final approval by the U.S. Congress for ending India’s nuclear isolation.

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