The central thesis of this article is that the Asian energy consumers would serve their interests well if they look again at their energy frontiers and define them within the contours of Asian energy interdependence rather than triggering an Asian energy race. The three leading Asian consumers, China, Japan and India, are principal actors in the Asian theatre, and their needs, assessments and policies are going to be central in defining the regional energy security agenda. Their current approaches have placed them more as competitors, which could trigger conflict situations.
India and the US-India Agreement for Civil Nuclear Cooperation
Although it is nearly two years since the July 18, 2005 Joint Statement between President George Bush and Prime Minister Manmohan Singh announced their intention to facilitate civil nuclear commerce between India and the members of the Nuclear Suppliers Group, the process is still to be completed with even the first step towards that goal, an Indo-US agreement for peaceful nuclear cooperation, still under negotiations with apparently strong differences between the two countries on a number of issues. Expectations are that the agreement may be finalised by the end of this year.