[Regardless of the implications, in course of Modi's three-nation trip, this one, for a change, appears to be a real real "deal", just not some customary hot air or optical illusion.]
http://www.dnaindia.com/india/report-canada-inks-us-254-million-deal-to-supply-uranium-to-india-for-five-years-2077832 Canada inks US $254 million deal to supply uranium to India for five years Wednesday, 15 April 2015 - 10:00pm IST | Place: Ottawa | Agency: PTI Canada had banned exports of uranium and nuclear hardware to India in the 1970s. However, the two countries turned the page in 2013 with the signing of the Canada-India Nuclear Cooperation Agreement. Prime Minister Narendra Modi with his Canadian counterpart Stephen Harper walks down the Hall of Honor on Parliament Hill in Ottawa on Wednesday. Agencies PTI Canada will supply uranium to energy-starved India beginning this year over a period of five years, a decision which was termed as a launch of a new era of bilateral cooperation and mutual trust by Prime Minister Narendra Modi. Under an agreement signed on Wednesday after comprehensive talks Modi had with his Canadian counterpart Stephen Harper, Cameco Corporation will supply 3,000 metric tonnes of uranium over five years to India at an estimated cost of USD 254 million. The supply will start from this year, highly placed sources said. ***Canada is the third country to supply uranium to India after Russia and Kazakhstan*** [emphasis added]. The supplies will be under the International Atomic Energy Agency (IAEA) safeguards. "Canada has decided to provide uranium to India over a period of five years," Harper said at a joint press conference with Modi, the first Indian Prime Minister to visit Canada in 42 years. Modi said, "The agreement on procurement of uranium from Canada for our civilian nuclear power plants launches a new era of bilateral cooperation" and a "new level of mutual trust" and confidence."The deal will enable India to power its growth using clean energy," he said. Canada had banned exports of uranium and nuclear hardware to India in the 1970s. However, the two countries turned the page in 2013 with the signing of the Canada-India Nuclear Cooperation Agreement, paving the way for the uranium deal. Noting that Canada has the potential to be a key partner in India's national development priority, Modi said, "This is a growing relationship. Trade potential between our countries is enormous." "Prime Minister Harper and I are committed to establish a new framework for economic partnership," the Prime Minister said, adding, "Ours is a natural partnership of shared values." -- Peace Is Doable -- You received this message because you are subscribed to the Google Groups "Green Youth Movement" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send an email to [email protected]. Visit this group at http://groups.google.com/group/greenyouth. For more options, visit https://groups.google.com/d/optout.
