Text of Indo-US Nuclear Cooperation Agreement (123 Agreement)

Features of the Agreement (from Rediff article at http://www.rediff.com/news/2007/jul/27ndeal4.htm):
The Agreement is "between two States possessing advanced nuclear technology, both parties having the same benefits and advantages".
The purpose of the agreement is to enable full civil nuclear energy cooperation between India and the United States. The Agreement provides for full civil nuclear energy cooperation covering nuclear reactors and aspects of the associated nuclear fuel cycle including enrichment and reprocessing.
The Agreement contains a full reflection of the March 2, 2006 supply assurances, and the provision for corrective measures. The Agreement provides for the development of a strategic reserve of nuclear fuel to guard against any disruption of supply over the lifetime of India's reactors.
The Agreement provides for nuclear trade, transfer of nuclear material, equipment, components, and related technologies and for cooperation in nuclear fuel cycle activities.
The Agreement provides for the application of IAEA safeguards to transferred material and equipment.
The Agreement grants prior consent to reprocess nuclear material, transfer nuclear material and its products. To bring this into effect, India will establish a national reprocessing facility to reprocess IAEA safeguarded nuclear material and the parties will agree on arrangements and procedures within one year.