Obama, Modi welcome work on nuclear reactors in India

Published June 7, 2016
Narendra Modi and Barack Obama make remarks to reporters after their meeting in the Oval Office at the White House in Washington. —Reuters
Narendra Modi and Barack Obama make remarks to reporters after their meeting in the Oval Office at the White House in Washington. —Reuters

WASHINGTON: US President Barack Obama and Indian Prime Minister Narendra Modi on Tuesday welcomed the start of preparatory work on six nuclear reactors in India, a key step in closing the first deal stemming from a US-India civil nuclear accord struck over a decade ago.

The two leaders said in a joint statement that India and the US Export-Import Bank intend to work together toward a competitive financing package for the project and will work to finalize contractual agreements by June 2017.

“Once completed, the project would be among the largest of its kind, fulfilling the promise of the US-India civil nuclear agreement and demonstrating a shared commitment to meet India's growing energy needs while reducing reliance on fossil fuels,” the joint statement said.

India supports enacting climate accord

Narendra Modi has expressed support for the enactment this year of a worldwide climate accord reached in Paris, the White House said on Tuesday.

“I believe what Prime Minister Modi has said about this is that India shares the objective that the United States has laid out, which is to see the agreement come into force this year,” White House spokesman Josh Earnest said at a news briefing after President Barack Obama met with Modi at the White House.

Opinion

Editorial

Maulana’s message
Updated 11 Mar, 2025

Maulana’s message

The problem now is that most jihadi fighters, ideologues refuse to end their "struggle" on advice of state or mainstream clerics.
President’s speech
11 Mar, 2025

President’s speech

PRESIDENT Asif Zardari, addressing Monday’s joint session of parliament to mark the start of a new parliamentary...
Indian takeover
11 Mar, 2025

Indian takeover

BY the time the Champions Trophy final ended, the only indicators that the tournament had been hosted by Pakistan...
Mosquito season
10 Mar, 2025

Mosquito season

AS temperatures rise, the threat of dengue looms large over Pakistan. Its warning signs have already arrived. Dengue...
Reckless rhetoric
10 Mar, 2025

Reckless rhetoric

ONCE again, the Indian leadership gave in to their worst impulses, with External Affairs Minister S. Jaishankar...
Water scarcity
Updated 10 Mar, 2025

Water scarcity

The need to meet climate challenge is even greater when Pakistan is prone to multiple disastrous events at the same time.