"India has remained isolated for a long time from high technology commerce due to its position on nuclear energy. We hope to resolve this issue," he said addressing the 87th Annual General Meeting of the Associated Chambers of Commerce (Assocham) here.
He did not elaborate but his comment was an obvious reference to the government's efforts to implement the Indo-US civil nuclear deal that will lead to an end to 34-year-old technology denial regime.
Operationalisation of the nuclear deal is stuck because of stiff opposition by the Left parties and the government is talking to them to bring them around. The UPA government insists that the nuclear deal is essential for the country to expand its options of energy in view of the growing demands.
Talking about the energy problem, Mukherjee said the developing countries were bearing the brunt of rising prices of crude oil and sought collective international intervention to ensure steady supply of energy to such nations at affordable rates.
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"I do feel, as it affects most of the countries all over the world, it requires collective international intervention to ensure that energies are available at an affordable rate," he said.
He said growth and inflation control should go side by side and "one need not cancel the other. We require growth and at the same time we have to check the international trend of prices of commodities".