As Prime Minister Narendra Modi and President Barack Obama ended their talks at Hyderabad House here Sunday, indications were that the two sides may have clinched a breakthrough over issues hampering implementation of the landmark Indo-US civil nuclear deal.
Modi and Obama were closeted for over three hours at Hyderabad House, holding restricted and later delegation level talks.
While no confirmation was available, the news running rife in Hyderabad House was that all contentious issues has been ironed out, clearing the way for implementation of the deal hanging fire since 2008.
A contact group, comprising nuclear officials from both sides, has held three rounds of talks in the past 45 days pointing to the urgency the both sides hold to resolve niggling issues.
Besides US misgivings over India's stringent civil nuclear liability law that puts the onus for any accident on suppliers, the other issue that India has objection to is the US insistence on control in perpetuity over the nuclear fuel and equipment.
While an insurance pool is reported to have been mooted to overcome the liability issue, the US side is believed to have softened its stance on the control over equipment.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
