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September 06, 2008
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Saturday
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Ramazan 05, 1429
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Bush likely to scrap deal with Russia
WASHINGTON, Sept 5: The United States is likely to scrap a civilian nuclear pact with Russia soon as punishment for its war against Georgia last month, a US official said on Thursday.
While the US government has announced plans to give US ally Georgia over $1 billion in reconstruction aid, it has yet to hit Moscow with any concrete sanctions for the military incursion deep into Georgian territory.
But the Bush administration is preparing to scuttle the civilian nuclear deal, which was intended to lift Cold War restrictions on trade and open up the US nuclear market and Russia’s uranium fields to companies from both countries.—Reuters
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