The unprecedented scale of the terror attacks in Mumbai and the fact that citizens from more than 20-plus countries were killed or injured in the attacks have evoked an international response. This response has been a mixture of sympathy and concern along with muted criticism of what is perceived to be the ham-handed handling of the crisis as well as the inability to take preventive measures. It was reiterated by the visiting US Secretary of State that the Mumbai attacks could have been prevented and cited the example of the United States successfully preventing all attacks after 9/11.

The dust might have settled on the US Elections with Barack Obama ensuring a place in history as the first African American President to occupy the White House. The moot question now is whether the dust will begin to fly in South Asia as the new Administration begins to formulate new policies with regard to the region. It is also inevitable that existing policies would also be modified to bring them in synch with the substantially different worldview of the Democratic Party which has reclaimed the White House after eight years.

With elections looming large in both countries and the Indo-US nuclear deal facing its moment of truth, the inevitable question will arise as to who has gained how much from the Strategic Partnership that was signed with great fanfare in July 2005. This is not withstanding the fact that the failure of the nuclear deal would undoubtedly be a setback for both countries and besmirch the reputations of those leaders who had put their personal prestige on the line. It would also reflect poorly on the political parties and the governments involved in various ways.

The Indian Space Research Organisation (ISRO) has strongly denied news reports that the launch of an Israeli spy satellite aboard the Polar Satellite Launch Vehicle (PSLV) has been delayed or even cancelled because of US pressure. The news reports, while speculative in nature, have certain inconsistencies that need to be contested. Foremost among these being there is a quid pro quo element by way of sharing of data; since the satellite is wholly Israeli owned and operated, ISRO is only providing a commercial service with no quid pro quo involved.

Even though the Indo-US nuclear deal has passed one more hurdle with the completion of the 123 Agreement to the satisfaction of both governments, the remaining hurdles include the signing of agreements with the International Atomic Energy Agency (IAEA) and the Nuclear Suppliers Group (NSG) before the Agreement can go back to the US Congress for its final imprimatur.

With the passage of a year since the visit of President George W. Bush to India, it is the business communities of the two countries that have benefited the most from the momentum created by the upsurge in Indo-US relations. While two-way trade and investment had been growing at a steady clip, the announcement and subsequent passage of the Bill on Co-operation in Civil Nuclear Energy, intended to remove the last vestiges of the adversarial relations between the two countries, have taken business relations to a new level.