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US wants level playing field for firms in India's nuclear market
Burns had yesterday said India shared its commitment to the "full implementation" of the Nuclear Agreement as both countries discussed ways to iron out differences on the nuclear liability law.
Updated : Dec 13, 2011, 09:08 PM IST
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Amid its apprehensions over nuclear liability laws, the US has asked India to ensure level playing field for foreign as well as domestic companies seeking to participate in the country's civil nuclear market.
US Deputy Secretary of State William Burns held wide-ranging talks with Foreign Secretary Ranjan Mathai here yesterday during which he pressed for full implementation of the Civil Nuclear Agreement and giving US companies equal opportunity to do nuclear commerce in India.
"The Deputy Secretary stressed, in particular, the importance of continuing the implementation of the US-India civil nuclear deal and levelling the playing field for foreign and domestic companies wishing to compete in India's civil nuclear market," a US Embassy statement said.
Along with Mathai and External Affairs Minister S M Krishna, Burns reviewed developments in South Asia, the Middle East, and the Asia-Pacific region.
The statement said the two sides welcomed the growth in bilateral trade and expressed their support for continued efforts to deepen defence and economic cooperation, which remain essential to the strategic partnership.
Krishna told Burns that he looked forward to visiting Washington for the next round of the US-India Strategic Dialogue in 2012.
Burns had yesterday said India shared its commitment to the "full implementation" of the Nuclear Agreement as both countries discussed ways to iron out differences on the nuclear liability law.
Implementation of the civil nuclear agreement, signed in 2008 by Prime Minister Manmohan Singh and then President George W Bush, has been a matter of contention, particularly due to American reservations on India's nuclear liability law.
The US contends that the legislation is not in tune with the IAEA's Convention on Supplementary Compensation thus making it difficult for US companies to start nuclear commerce with India.
