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US wants level N-playing field

The Obama administration’s priority is to ensure that American companies get a level playing field in India’s civil nuclear industry, the state department has said.

world Updated: Nov 23, 2011 00:29 IST

The Obama administration’s priority is to ensure that American companies get a level playing field in India’s civil nuclear industry, the state department has said.

“Completing the US-Indian civil nuclear cooperation partnership is central to both our nations’ long-term prosperity and India’s future energy security,” it said on Monday in a written response to a question on the issue.

“Ensuring a level playing field for US companies to invest in India’s civil nuclear industry remains a priority for the state department,” the state department statement said.

The statement came days after Prime Minister Manmohan Singh met US President Barack Obama on the sidelines of the Asean Summit in Bali, Indonesia and discussed the nuclear issue.

“I explained to him (Obama) that we have a law in place. Rules have been formulated. These rules will lie before our Parliament for 30 days,” Singh said. Singh also told Obama that India was ready to ratify the Convention on Supplementary Compensation.

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