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India's n-bill deviates significantly from global standards

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India's n-bill deviates significantly from global standards

Press Trust of India / Washington October 21, 2010, 13:00 IST

The Civil Nuclear Liability Bill "deviates significantly" from international standards and renders equipment suppliers potentially liable for as long as 80 years, according to a new report, which also asks India to take quick and resolute action to resolve the issue.

The report "Natural Allies: A Blueprint for the Future of US-India Relations" says the law is a "major disappointment to private and public officials in the US"

The report, co-authored by former US Under Secretary of State for Political Affairs Nicolas Burns, former Deputy Secretary of State Richard Armitage and scholar Richard Fontaine says the Indo-US nuclear agreement constituted a historic step forward in US-India ties and has become the cornerstone of the new partnership.

"Failure to complete the steps necessary to implement the agreement, however, risks severely damaging the rest of the relationship. Consequently, the United States and India must press vigorously for rapid implementation of the agreement," it said.

"The Indian Parliament recently passed a nuclear liability law that deviates significantly from international standards and renders equipment suppliers potentially liable for as long as 80 years. This law is a major disappointment to private and public officials in the United States, and India should take quick and resolute action to resolve this issue," the report said.

It said failure to do so will undermine the most important agreement the two countries have negotiated and pose grave risks for the relationship at the political level.

"By resolving the issue of legal liability, and by providing the remaining nonproliferation assurances that the United States requires, India can secure this historic achievement," the report said.

On the occasion of the release of the report, Burns, the Bush Administration's key interlocutor with India on the civil nuclear deal, warned that the landmark agreement is in "jeopardy" because of the Bill.

"The actions of the Indian Parliament in putting forward the nuclear liability bill is going to stall this agreement unless something is done to modify that action by the Indian Parliament... We are worried that this very high profile center piece part of the relationship is not going to be fulfilled without some quick action by the Indian government and the Indian Parliament," he said.

Noting that US-India strategic partnership is a two Way Street, Burns said India has obligations too.

"Implement the civil nuclear agreement. Form a nuclear liability law. Reduce barriers to defense trade. Deal with the problem of intellectual property rights violations," Burns said.
 
The law is perfect. Finally due to continuous pressure from the opposition parties the government has passed the tougher nuclear liability bill.

Why is it that among all the NSG suppliers only the US is exhibiting dissent on India's N-liability bill?

I have never heard Russia or France expressing so much disappointment as the Americans.

IF US companies are confident of the tech that goes in making the reactors and fuel processing/reprocessing process then why are they so frightened of the n-liability bill.

The bill comes into effect only if there is a nuclear accident, if the tech is clean and proper, there is no reason to be afraid of.
 
The law is perfect. Finally due to continuous pressure from the opposition parties the government has passed the tougher nuclear liability bill.

Why is it that among all the NSG suppliers only the US is exhibiting dissent on India's N-liability bill?

I have never heard Russia or France expressing so much disappointment as the Americans.

IF US companies are confident of the tech that goes in making the reactors and fuel processing/reprocessing process then why are they so frightened of the n-liability bill.

The bill comes into effect only if there is a nuclear accident, if the tech is clean and proper, there is no reason to be afraid of.

A small accident because of unforeseen reason the ...company will become bankrupt that is the more concern for US companies.. They cannot pay the huge damage because of our population density...

I guess Russia and France have decided to take the Risk...i am not sure whether they have agreed on the terms... because Bill has just passed and US is the first country to sign
 
A small accident because of unforeseen reason the ...company will become bankrupt that is the more concern for US companies.. They cannot pay the huge damage because of our population density...

I guess Russia and France have decided to take the Risk...i am not sure whether they have agreed on the terms... because Bill has just passed and US is the first country to sign

A country must have a nuclear liability law.

If a country suffers a nuclear accident then all the associated companies must pay for it even if that means they have to go bankrupt.

Human life has more value than corporate profits.

I would like to see the reaction of Russians and French on this.
 
A country must have a nuclear liability law.

If a country suffers a nuclear accident then all the associated companies must pay for it even if that means they have to go bankrupt.

Human life has more value than corporate profits.

I would like to see the reaction of Russians and French on this.

For you and me Yes, for corporates NO
 

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