NEW DELHI- Indian Prime Minister Narendra Modi and American President Barack Obama today agreed to break the deadlock stalling civilian nuclear cooperation.

“We are moving towards commercial cooperation, consistent with our laws and international obligations,” Modi said at a joint press conference with Obama in New Delhi.

The two countries had signed a landmark deal giving India access to civilian nuclear technology. India has reportedly offered to set up an insurance pool to indemnify companies that build reactors in the country against liability in case of a nuclear accident.

“Today we achieved a breakthrough 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,” said Barack Obama.

Around 40,000 security personnel were deployed and 15,000 closed-circuit surveillance cameras were also installed to ensure security.