"India has developed indigenously a robust nuclear programme covering the complete fuel cycle. Nevertheless, in practical terms, we are already committed, in the Indo-US Joint Statement of July 18, 2005, to not transferring reprocessing and enrichment technologies and equipment to countries that do not possess them. Furthermore, we have expressed our willingness to ourselves host a regional or multilateral fuel bank, to supply nuclear fuel to other states, under appropriate IAEA safeguards. We would also be prepared, as a supplier nation, to participate in an international fuel bank, which may be located in a third country. It may be however difficult for India to endorse a view that there ought to be a discriminating legal regime put in place, which would allow only some states to possess reprocessing or enrichment facilities but not others. Therefore, while reserving our position on a question of principle, we would be prepared to work together with the U.S. and other friendly countries on practical steps to discourage proliferation," he said.