In a glow of bonhomie, U.S. President Barack Obama and Indian Prime Minister Narendra Modi unveil a deal aimed at unlocking billions of dollars in nuclear trade. Pavithra George reports.
U.S. president Barack Obama's visit to New Delhi breathes new life into a stalled nuclear pact between the United States and India. On day one of a three-day visit, Obama and his Indian host, Prime Minister Narendra Modi, unveiled a new deal that would boost civilian nuclear trade between the two countries. SOUNDBITE) (English) U.S. PRESIDENT, BARACK OBAMA, SAYING: "Today we achieved a break through understanding on two issues that were holding up our ability to advance our civil nuclear cooperation and we are committed to moving towards full implementation and this is an important step that shows how we can work together to elevate our relationship." Two issues had brought a 2008 nuclear deal to a standstill ... the liability of suppliers to India in case of a nuclear accident, and tracking the whereabouts of American-supplied fuel. More than 7 years later - this new deal resolves those differences - and unlocks billions of dollars in nuclear trade between the world's two largest democracies.