30 Nov '15, 3am

India can immediately begin Uranium import :: Australia

MELBOURNE: India can begin import of uranium from Australia immediately, Foreign Minister Julie Bishop has said, days after prime ministers of the two nations announced the completion of procedures necessary for a landmark bilateral nuclear deal. The Australia-India nuclear cooperation agreement permits Australian companies to commence commercial uranium exports to India and provides the framework for "substantial new trade in energy" between the two countries, Bishop's office said. "The supply of Australian uranium will help India meet its rapidly growing electricity demand and improve the welfare of its people. The administrative arrangements have been signed and uranium exports can begin immediately," it said in a statement. The statement came two weeks after Prime Minister Narendra Modi and his Australian counterpart Malcolm Turnbul announced the completion of procedur...

Full article: http://www.defencenews.in/article/India-can-immediately-b...

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