India, Australia to sign uranium deal: Report
Iran Press TV
Fri Aug 29, 2014 8:16AM GMT
An agreement enabling uranium exports from Australia to India will reportedly be signed during an upcoming visit by Australian Prime Minister Tony Abbott to India.
The Australian Broadcasting Corporation has reported that a deal would be signed during the visit. Reports this month suggested that officials from both countries have now worked out appropriate safeguards for the exports.
The Australian prime minister’s office said they were unable to confirm anything related to uranium sales to India.
“My visit will be an opportunity to engage with [Indian] Prime Minister [Narendra] Modi early in the term of his government to increase bilateral cooperation to advance our mutual interests,” Abbott said on Friday.
“India is Australia’s fifth largest export market, with total exports of $11.4 billion, and there is potential for further cooperation in resources, science, technology and education,” he said.
Australia’s previous Labor government moved to lift a ban on selling uranium to India in 2011. The Indian government welcomed former Prime Minister Julia Gillard’s decision to try and reverse Labor Party policy on uranium sales to India.
After India, Abbott will travel to Malaysia for talks with Prime Minister Najib Razak.
HN/HJL
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