The suggestion to settle the issues concerning liability emanating from any possible nuclear mishap within the framework of the International Liability Convention was made by US Energy Secretary Ernest Moniz at the US-India Energy Dialogue here.
"Discussion is tomorrow in Mumbai. We will hear about this then. We have been told by our colleagues in India that ... We can find a way to it in (the framework of) International Liability Convention, which will come into force this year," he said when asked about the reasons for delay in implementation of nuclear projects in India.
Suppliers of nuclear equipment from the US, Canada and other countries see the Nuclear Damage Act as a hurdle in selling nuclear reactors to India.
The US position of resolving liability issue under the international convention, however, is at variance with India's stand which was articulated by Planning Commission Deputy Chairman Montek Singh Ahluwalia.
Explaining India's position, Ahluwalia said, "I am confident that the problem that have arisen can be resolved within the frame of civil nuclear agreement.
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
