http://www.reuters.com/article/marketsNews/idUSDEL37749020090116?sp=trueUS nuclear firms try to break liability logjam with India
Fri Jan 16, 2009 3:17am EST
By Krittivas Mukherjee
NEW DELHI, Jan 16 (Reuters) - Top U.S. firms have lobbied hard in India this week for a share in the country's lucrative nuclear market, but there was little progress on key policy issues such as accident liability protection for suppliers.
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LIABILITY CONCERN
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But U.S. firms are keen that India immediately sign a global convention on liability and compensation that limits the onus on private nuclear operators and suppliers in the event of an industrial accident.
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The issue is sensitive in India where a gas leak in a Union Carbide factory killed about 8,000 people in 1984, one of the world's worst industrial disasters. Victims of that accident say many still have not been compensated.
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