Nuclear Suppliers Group (NSG) Plenary Meeting

TNPSC Current Affairs - June 2018 by TNPSC Guru 

• Nuclear Suppliers Group (NSG) Plenary Meeting held in Jurmala , Latvia.
• This is the first meeting after Latvia assumes chairmanship of NSG for 2018-2019 also it is the first Baltic state to chair the NSG
• India is not the member of NSG , but India is member of other 3 export control regimes – MTCR, Australia Group and Wassenaar Arrangment.
• China is blocking India’s membership to NSG.
• Latvia the current chair backing India’s membership to NSG but entering into NSG requires approval of all 48 participating countries. 

About NSG and its benefit. 

• Nuclear Supplier Group is a group of Nuclear supplier countries which aims to prevent nuclear proliferation by controlling the export of materials, equipment and technology which is used to produce nuclear weapons.
• NSG was founded in response to India’s nuclear test on 1974.
• NSG Consists of 48 members which includes 5 nuclear weapon states like US, China, UK, Russia and France. 

India’s Benefit if it gets membership.

• If India becomes member of NSG, It will open India to international nuclear commerce.
• India will get access to international market to export and import nuclear related materials.
• Also India will get access to foreign technologies.
•  Also it can sell its indigenous technology to foreign countries to earn foreign exchange.