Headlines
US says keen to work towards implementation of n-deal
As an India-US
nuclear contact group met for the third time to try and resolve the
contentious nuclear liability issue, ahead of US President Barack
Obama's India visit, the US Wednesday said it will continue to work with
India towards implementing the stalled deal.
A contact group
comprising diplomats and officials associated with nuclear energy from
both the countries was set up by Prime Minister Narendra Modi and Obama
during their September summit meeting in Washington aimed at advancing
implementation of the civil nuclear deal.
The contact group has
met twice to try and find a solution to India's tough civil nuclear
liability law that puts the onus on suppliers for any accident.
Both
sides are said to be working towards a proposal to set up a $250
million insurance pool with money from all stakeholders to pay off
liabilities.
The stringent Civil Liability for Nuclear Damage
(CLND) Act, 2010 was introduced in parliament when the Bharatiya Janata
Party (BJP) was in the opposition.
Two provisions of the law are
being seen as areas of concern for the US, especially section 17(b)
relating to channeling of the operator's right of recourse on suppliers
and section 46, which is seen as exposing suppliers to unlimited
liability.
The contact groups also comprised representatives of
the Nuclear Power Corporation of India (NPCIL) from the Indian side and
Westinghouse and GE-Hitachi from the US side.
The Indo-US civil
nuclear agreement was inked in 2005 between then US president George
Bush and then prime minister Manmohan Singh.
It culminated in the formal 123-agreement bill approved by the US Congress and signed into law in 2008.
New
US Ambassador in India Richard Verma expressed hope that both sides
could see progress in unraveling hindrances towards implementing the
civil nuclear deal.
"We continue to be hopeful of implementing
the civil nuclear agreement to fulfil Prime Minister Narendra Modi's
goal of providing electricity to all Indians by 2020," he said at an
event in New Delhi.
On the bilateral trade issue, he said the target of $500 billion was doable.
"I believe we can get there," he said at a Brookings Institute talk.
He
said the US was also working with India on the Modi government's 'Smart
Cities' project, on providing clean water and sanitation.
US
President Barack Obama arrives in India Jan 25 on a three-day visit. He
is the chief guest at the Jan 26 Republic Day parade and will hold
talks with Prime Minister Modi Jan 25.












