Feb 08, 2016: Trans-Pacific Partnership (TPP pact) and ratification of Convention on Supplementary Compensation (CSC) for Nuclear Damage
General Studies: Daily Capsule
Curtain Raiser –News Update (Feb 08, 2016)
Trans-Pacific
Partnership (TPP pact):
|
Trans-Pacific Partnership
|
Mega-regional free trade agreement
|
|
Member countries (12)
|
US and Japan, Peru and Chile, Canada and Mexico, Malaysia, Singapore, Brunei and Vietnam,
Australia and New Zealand
|
|
Impact of pact
|
Help in boosting overall GDP of member-countries by 1.1 % by 2030
|
|
Pact needs
|
to win legislative backing in the member-states
|
Source: Harbinger of change in global Trade, Editorial, The
Hindu, 08 Feb 2016, Delhi Edition
India ratifies Convention
on Supplementary Compensation (CSC) for Nuclear Damage at Vienna:
|
India ratifies CSC
|
Five years after
signing the Convention on Supplementary Compensation for Nuclear Damage
(CSC), India ratified the convention on Thursday, the IAEA’s Office of Public
Information and Communication reported from Vienna.
|
|
Convention on Supplementary
Compensation (CSC)
|
provides clear-cut
norms and parameters on a nuclear operator’s financial liability
|
|
What is CSC?
|
The CSC is a
convention that allows for increasing the compensation amount in the event of
a nuclear incident through public funds pooled in by contracting parties
based on their own installed nuclear capacities. It entered into force on
April 15, 2015.
|
Source: Nuclear
ambiguities, Editorial, 08 Feb, 2016, The Hindu, Delhi Edition
Details for complete
Reference on Convention on Supplementary Compensation for Nuclear damage:
India
ratifies pact on nuclear compensation (Chennai Feb 05 2016, the Hindu web)
http://www.thehindu.com/news/national/india-ratifies-pact-on-nuclear-compensation/article8194893.ece
No comments:
Post a Comment