Washington: The finalisation of a bill to implement the Indo-US civilian nuclear deal has been hailed by an influential Democrat lawmaker as an opportunity to achieve 'geo-strategic re-alignment of India with the US' which will leave its deep imprints on bilateral relationship.

"This latest step in a long and sometimes arduous legislative process has resulted in a satisfying consensus. It is in the interest of both the US and India to strengthen ties and to nurture the nascent partnership between our two great countries," Ranking Member of House International Committee and a manager of Conference Committee Tom Lantos said.

"We now have the opportunity to achieve a geostrategic realignment of India with the United States. This will be of immense importance to global security and economic development, while at the same time furthering our interests in limiting the spread of nuclear weapons," Lantos, the California Democrat who will be the next Chair of the House International Relations Committee in the 110th Congress, said.

"The conference report agreement strikes the right balance between giving the President the necessary flexibility to negotiate the best agreement possible with New Delhi, while at the same time preserving Congressional oversight. I fully expect this will be a law of which all involved in its creation can be proud," he added.