President Obama announced a tentative agreement in New Delhi Sunday with India’s
prime minister to open the country to U.S. firms investing in
commercial nuclear power, a step that the two leaders said underscores
improved bilateral relations.
The president and Prime Minister Narendra Modi said they reached an “understanding” on liability of U.S. companies in the event of a nuclear accident, and on U.S. insistence of tracking nuclear materials — issues that had prevented American companies from building reactors in India since an initial breakthrough agreement in 2006.
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The president and Prime Minister Narendra Modi said they reached an “understanding” on liability of U.S. companies in the event of a nuclear accident, and on U.S. insistence of tracking nuclear materials — issues that had prevented American companies from building reactors in India since an initial breakthrough agreement in 2006.
Read More....
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