A day after India and the US reached an understanding on resolving the logjam in implementing the landmark civil nuclear deal, a senior White House official on Monday said it is for private American firms to make their determination with regard to establishing atomic power plants in India."The two Governments have reached an understanding; they've reached an agreement about how to resolve the issues that have been I think a break and a logjam for the last several years," White House Deputy National Security Advisor, Ben Rhodes told US reporters travelling with Obama.
"When you look at the administrative arrangement that we've reached an understanding on, this will provide for the necessary information sharing and contact between the two Governments, for us to feel like we can move forward in implementing the 123 Agreement," he said."On the issue of liability, the Indians have put forward an approach in which they're creating an insurance pool, and committed financial resources to that pool that will mitigate risk for companies that are doing business here in India," Rhodes said.
"In terms of the two Governments, we believe that we have reached an understanding on these critical issues that have been an impediment to moving forward in the last several years. At the same time, it's ultimately up to the US companies to make their own determinations about whether and when to invest in India and to move forward," Rhodes said.
"In terms of the work that the Governments have done together through a contact group the two leaders empowered here, we believe that this was a significant breakthrough and we now have the framework to move forward in implementing the 123 Agreement," he said in response to a question.A contact group formed by the two countries after the September 30 Obama-Modi meeting at the White House met three times to resolve the impending issues related to the civil nuclear deal.