India, US sign nuclear, climate deals as part of Narendra Modi’s visit
The prime minister welcomed Barack Obama’s support for India’s bids to become a member of the Missile Technology Control Regime and NSG.
India and the United States on Tuesday signed several key deals as part of Prime Minister Narendra Modi’s ongoing visit to the Western nation. American company Westinghouse agreed to set up six nuclear reactors in India, based on a deal signed in 2008. The US said they will begin work on the reactors, and the two countries will finalise a nuclear deal by June 2017, The Indian Express reported.
Other important initiatives included the US-India Clean Energy Finance agreement, which seeks to provide renewable energy to 10 lakh Indian households by 2020. Modi also thanked President Barack Obama for supporting India’s bids to join the Missile Technology Control Regime and the Nuclear Suppliers Group.
Earlier in the day, Modi had attended the annual gala of the US-India Business Council, where he said India can contribute to the world economy like an “engine of growth”. “A larger Indian economy has multiple benefits for the world,” Modi said. The prime minister touted India as a “reliable partner” for foreign businesses and said the Indian economy was surging, PTI reported.