`NSG should coop despite N-Liability bill concern`

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.

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

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