Administrative Arrangement on nuclear deal a victory for Narendra Modi: Expert

"The issue dealing with the Administrative Arrangements should be a welcome news in India," Vijay K Sazawal, a Washington-based nuclear policy expert, said.

Administrative Arrangement on nuclear deal a victory for Narendra Modi: Expert
WASHINGTON: President Barack Obama's move to use his executive power to withdraw the condition that the US authorities would be allowed to monitor use of nuclear material supplied to India is a "big victory" for Prime Minister Narendra Modi and his team, according to an expert.

"The issue dealing with the Administrative Arrangements should be a welcome news in India. If true, it is certainly a big victory for the Modi team and was not fully expected. Such an agreement is precedent setting for the US," Vijay K Sazawal, a Washington-based nuclear policy expert, told the media.

"Such an arrangement will provide fodder to anti-nuclear zealots in the US who will claim a sell out by the Obama Administration on the same scale as the original 2005 bilateral nuclear agreement between the two countries," said Sazawal, who previously served on Civil Nuclear Trade Advisory Committee for two years in the Obama Administration.

However, the Administrative Arrangements are not voted by the US Congress, so that concern is not there, he said.

He has been involved in negotiations related to civilian nuclear deal and has participated in the US civilian and defense nuclear programs covering the entire nuclear fuel cycle, and an array of reactor designs that have included conventional and space based reactors, and black programs.

Currently senior advisor to Centrus, Sazawal welcomed the agreement related to resolve the contentious liability issue.
ADVERTISEMENT

"On the nuclear liability it was obvious to the President, a former fellow Parliamentarian, that changing the law would not be an easy prospect. Since India was willing to bend backwards short of changing the law, the President encouraged his bureaucrats to show equal flexibility," he said.

"My sense is that India also offered, in addition to the insurance regime, a Sovereign Guarantee to plug any 'loose financial holes' that exist, can be conjured or may be exposed in the future, building confidence in the US legal team that it liability exposure in India will be well characterized and well contained," Sazawal said.

"Whether India will offer a similar deal to Russia and France remain to be seen but is likely," he said.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
US President Barack Obama's 3-day visit to India
1/41
US President Barack Obama addresses during the India-US Business Summit in New Delhi on January 26, 2015.
US President Barack Obama addresses during the India-US Business Summit in New Delhi on January 26, 2015.
US President Barack Obama with Prime Minister Narendra Modi during the India-US Business Summit in New Delhi on January 26, 2015.
US President Barack Obama with Prime Minister Narendra Modi during the India-US Business Summit in New Delhi on January 26, 2015.
Prime Minister Narendra Modi and US President Barack Obama at the India-US CEO Forum Meeting, in New Delhi on January 26, 2015.
Prime Minister Narendra Modi and US President Barack Obama at the India-US CEO Forum Meeting, in New Delhi on January 26, 2015.
US President Barack Obama shares a light moment during an At-Home reception on the occasion of 66th Republic Day at Rashtrapati Bhavan in New Delhi on January 26, 2015.
US President Barack Obama shares a light moment during an At-Home reception on the occasion of 66th Republic Day at Rashtrapati Bhavan in New Delhi on January 26, 2015.
US President Barack Obama, President Pranab Mukherjee and First Lady Michelle Obama ahead of At-Home reception on the occasion of 66th Republic Day, at Rashtrapati Bhavan in New Delhi on January 26, 2015.
US President Barack Obama, President Pranab Mukherjee and First Lady Michelle Obama ahead of At-Home reception on the occasion of 66th Republic Day, at Rashtrapati Bhavan in New Delhi on January 26, ..
Read More
Indian and US business leaders during India US CEO Forum that was attended by President Barack Obama and Prime Minister Narendra Modi in New Delhi on Monday.
Indian and US business leaders during India US CEO Forum that was attended by President Barack Obama and Prime Minister Narendra Modi in New Delhi on Monday.
Indian and US business leaders during India US CEO Forum that was attended by President Barack Obama and Prime Minister Narendra Modi in New Delhi on Monday.
Indian and US business leaders during India US CEO Forum that was attended by President Barack Obama and Prime Minister Narendra Modi in New Delhi on Monday.
President Barack Obama with Indian business leaders during the India US CEO Forum in New Delhi on Monday.
President Barack Obama with Indian business leaders during the India US CEO Forum in New Delhi on Monday.
US President Barack Obama, President Pranab Mukherjee and First Lady Michelle Obama ahead of At-Home reception on the occasion of 66th Republic Day, at Rashtrapati Bhavan in New Delhi on Monday.
US President Barack Obama, President Pranab Mukherjee and First Lady Michelle Obama ahead of At-Home reception on the occasion of 66th Republic Day, at Rashtrapati Bhavan in New Delhi on Monday.
US President Barack Obama shakes hands with Nobel Laureate Kailash Satyarthi during a banquet hosted at the Rashtrapati Bhavan in New Delhi.
US President Barack Obama shakes hands with Nobel Laureate Kailash Satyarthi during a banquet hosted at the Rashtrapati Bhavan in New Delhi.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › Politics › Administrative Arrangement on nuclear deal a victory for Narendra Modi: Expert
Text Size:AAA
Success
This article has been saved

*

+