France competing with US on nuke biz in India

Agencies

Posted: Wednesday, Mar 25, 2009 at 1002 hrs IST
Updated: Wednesday, Mar 25, 2009 at 1002 hrs IST


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Washington: French Prime Minister Francois Fillone has conceded that his country is in competition with the US with regard to bagging commercial deals for the civilian nuclear plants in India.

"Yes, we are competing with the United States in terms of our nuclear agreement with India," Fillone said on Monday in response to a question at the Carnegie Endowment for International Peace, a Washington-based think tank.

"Let me tell you that this competition will go on to the end. That is to say, until one of us has won - or both of us maybe. There could be two winners. But we are often competing with the United States," he said after his address to the Carnegie on global economic crisis.

Fillone said this means that both the countries have performing companies. Companies from both the US and France and other major powers are vying for a slice in the pie of what is estimated to be multi-billion dollar market in India.

"In terms of nuclear power, everybody knows that we are very performing. France chose a long, long time ago to use nuclear power. We have never changed. This choice of nuclear power allowed us to constantly improve on the efficiency of our nuclear systems both in terms of security and in terms of financial and energetic yield. We do not regret having made this choice today," Fillone said.

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