Australia and India sign uranium export agreement during Modi's visit
Australia and India agreed to export Australian uranium to India, facilitating supply for India's nuclear power projects. The deal was signed during Prime Minister Narendra Modi's visit to Australia and includes additional cooperation in renewable energy, defence, maritime security, cyber and critical technologies, as well as a significant investment by AustralianSuper.
Australia and India reached a deal to export Australian uranium to India, signed during Indian Prime Minister Narendra Modi’s visit to Australia. The agreement facilitates the commercial supply of Australian uranium for India’s nuclear power projects.
According to dailysabah, the agreement includes cooperation in renewable energy. Times of India reported that the deal also contains pacts covering defence and maritime security cooperation, as well as partnerships in cyber and critical technologies.
Dawn noted that Australia holds about 28 percent of the world’s uranium resources. In a separate announcement, cnbctv18.com reported that AustralianSuper pledged a AU$500 million investment in India, and that Prime Minister Narendra Modi said the investment reflects global confidence in India’s growth and reform trajectory.
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