We are pleased to announce the topic for the next Future of Nuclear seminar: on May 27, Els Reynaers will speak on the recent breakthroughs in India regarding nuclear liability and trade:
The recent Indo-US political breakthrough: A catalyst towards effective commercial negotiations in civil nuclear trade?
U.S. President Obama’s visit to India on 25 January, 2015 led to a significant political breakthrough between the two nations which should finally enable commercial negotiations in the civil nuclear sector to materialize. The legal contours of the political understanding became clearer after the Ministry of External Affairs, Government of India, published an “FAQ and Answers” on India’s Civil Liability for Nuclear Damage Act, 2010 – a law with unique characteristics. One of the key outcomes of this recent denouement is the creation of an Indian Nuclear Insurance Pool (INIP) that would offer a nuclear insurance liability policy not only to the nuclear operator in india but also its suppliers. On May 27, Els Reynaers will discuss these legal and insurance-related developments in India, and what it means for Canadian nuclear vendors, regulators, and suppliers.
To learn more about this event, and to register to attend, click below: