Thorium Power Ltd. (THPW.OB) Responds to U.S., India’s Peaceful Uses of Nuclear Energy Agreement
Thorium Power Ltd. (OTCBB: THPW) develops non-proliferative nuclear fuel technology and provides comprehensive advisory services for emerging nuclear programs as well. The company today announced its favorable view regarding Congress’ action to approve the Peaceful Uses of Nuclear Energy Agreement between the United States and India. The “123 Agreement” will allow for full civil nuclear energy cooperation between the two nations and permit American companies to collaborate with Indian companies and scientists on research and development efforts, as well as enabling joint ventures in the civilian nuclear energy field. The agreement represents an industry movement toward establishing a partnership between…