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LegalSpeak's Articles
October 13, 2008 by LegalSpeak
1. Now that the ‘123 Agreement’ between USA & India has been signed, let’s look at some of its provisions which legally (though unfairly) create an uneven playing ground between these two great players:   i) The ‘no nuclear test’ clause, in a way, broadens the usual force majeure provision found in many a bilateral Contracts (or the concept of ‘contract with an alien’) but in the 123-Agreement this clause is unfairly avail...