`NSG should coop despite N-Liability bill concern`
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'NSG should coop despite N-Liability bill concern'

Last Updated: Tuesday, September 28, 2010, 18:50
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Mumbai: Despite concerns over recently passed Nuclear Liability Bill, the Nuclear Suppliers Group needs to show a better understanding to carry out trade with India, Atomic Energy Commission Chairman Srikumar Banerjee said today.

"There are concerns with international nuclear supplier industries. But a better understanding is needed and things have to be worked out as industry and supplier specific," Banerjee said after returning from the General Conference of International Atomic Energy Agency (IAEA) in Vienna.

"We need to explain India's position without sacrificing country's interest and carry out the business," he said adding that he is very optimistic about the trade between India and .

During his speech at the General Conference of IAEA yesterday, Banerjee had said, "this legislation, Civil Liability for Nuclear Damage Bill, will go a long way in increasing public confidence and in creating a predictable environment in which leading vendors can participate in India's nuclear programme."

He had also pointed out that global nuclear renaissance has been to a large extent, the result of major investments made by industry over the decades to enhance the safety aspects of nuclear energy.

When asked about the Convention on Supplementary Compensation (CSC), Banerjee said, "in the trans-boundary incidents, such convention is useful. However, CSC is not in vogue, still there is nothing concrete."

Meanwhile, French Ambassador to India Jerome Bonnafont met Banerjee yesterday and had an hour-long discussion on various aspects of the proposed nuclear power plants in Ratnagiri district, Atomic Energy sources said.

PTI

First Published: Tuesday, September 28, 2010, 18:50

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