India and Canada came to an agreement on Tuesday, to allow the exportation of Canadian uranium and other nuclear supplies for energy production in India. Almost four decades since India used Canadian nuclear technology to develop its first atomic bomb in 1974, the agreement finally came during an official visit by Canadian Prime Minister Stephen Harper who hopes it will “play a greater role in meeting India’s growing energy needs.”
Two years ago both nations signed nuclear cooperation in Toronto for the exportation of uranium and reactors, but the two nations were unsuccessful in finalising how nuclear material should be tracked. Both now have agreed to establish joint panel to oversee the exports.
Singh and Harper said in a joint statement,
“Canada with its large and high quality reserves of uranium could become an important supplier to the Indian nuclear power programme.”
Currently India generates three percent of its energy from nuclear plants and hopes to increase that number to 25 percent by 2050.
Uranium exports has brought $1 billion in earnings a year to Canada and the Harper administration has been on the hunt to add more to the list, in July Canada signed an agreement with Beijing to export uranium.
We need your support
Sri Lanka is one of the most dangerous places in the world to be a journalist. Tamil journalists are particularly at threat, with at least 41 media workers known to have been killed by the Sri Lankan state or its paramilitaries during and after the armed conflict.
Despite the risks, our team on the ground remain committed to providing detailed and accurate reporting of developments in the Tamil homeland, across the island and around the world, as well as providing expert analysis and insight from the Tamil point of view
We need your support in keeping our journalism going. Support our work today.
For more ways to donate visit https://donate.tamilguardian.com.
