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India to sign key nuclear treaty
New Delhi, OCT 24 (AGENCIES):
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Published on 24 Oct. 2010 11:33 PM IST
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Ahead of the US President Barack Obama’s visit, sources say, that India is expected to sign a crucial International Atomic Energy Agency (IAEA) treaty called the Convention on Supplementary Compensation (CSC) for Nuclear Damage.
This will get India access to international funds in case of a nuclear accident, though it also lays out liability norms.
The signing is important since the US currently has objections to India’s domestic Nuclear Liability Law which it feels is too tough on suppliers.
The CSC, which is not as stringent on suppliers, requires countries to frame their domestic laws in accordance with the treaty.
India says its liability law does conform to the CSC but US doesn’t think so.
While lawyers are currently working out those issues, India feels it will ease some of the diplomatic tension by signing now.

 
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