text: India says sees no arms race with China , Pakistan . NEW DELHI 1996-08-22 India said on Thursday that its opposition to a global nuclear test ban treaty did not mean New Delhi intended to enter into an arms race with neighbouring Pakistan and China . Foreign Minister I.K. Gujral was asked at a news conference if India 's decision to block adoption of the accord in Geneva would lead to an arms race with Pakistan and China . " I do n't see that possibility because India is not entering into any arms race , " he said . " Our not signing a new treaty does not mean we are going in for any new kind of weapons , particularly nuclear . " China , along with Britain , France , Russia and the United States , is a declared nuclear power . India carried out a nuclear test in 1974 but says it has not built the bomb . Experts believe both India and Pakistan could quickly assemble nuclear weapons . Gujral said he did not expect India 's veto of the Comprehensive Test Ban Treaty ( CTBT ) to damage bilateral ties with other nations . " I do not visualise its straining our bilateral relations with any country . The text has already been blocked , " he said . Gujral said India would re-examine its position if the treaty , particularly a clause providing for its entry into force , was modified . Asked what India would do if the pact were forwarded to the United Nations General Assembly , Gujral said : " That bridge I will cross when I come to it . " In a written statement released at the news conference , Gujral reiterated India 's objections to the treaty , under negotiation at the Conference on Disarmament in Geneva . " It is a sad fact that the nuclear weapon states show no interest in giving up their nuclear hegemony , " the statement said . Gujral said India had national security concerns that made it impossible for New Delhi to sign the CTBT . " Our security concerns oblige us to maintain our nuclear option , " he said , adding that India had exercised restraint in not carrying out any nuclear tests since the country 's lone test blast in 1974 . He said : " We cannot accept constraints on our option as long as nuclear weapon states continue to rely on their nuclear arsenals for their security " .