NEW DELHI — President Obama and Indian Prime Minister Narendra Modi said Sunday they reached "a breakthrough understanding" in freeing up U.S. investment in nuclear energy development in India, as Obama began a three-day visit to India.
Picking up from a stalled 2008 civil nuclear agreement between the two countries, the deal would allow U.S. firms to invest in energy in India. It also resolves a dispute over U.S. insistence on tracking fissile material it supplies to the country and over Indian liability provisions that have discouraged U.S. firms from capitalizing on the agreement
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