Subscribe free to our newsletters via your
. Nuclear Energy News .

Canada, India clinch nuclear trade deal
by Staff Writers
New Delhi (AFP) Nov 6, 2012

Canada and India on Tuesday clinched a deal opening the door to Canadian exports of uranium and other nuclear supplies to the energy-hungry South Asian nation for the first time in nearly four decades.

The agreement during an official visit by Canadian Prime Minister Stephen Harper came after Indian and Canadian negotiators ironed out a deadlock over monitoring Canadian exports of nuclear materials and technology to India.

The pact will allow implementation of the Nuclear Cooperation Agreement signed by the countries in 2010 and help Canadian companies "play a greater role in meeting India's growing energy needs," Harper said in a statement.

The announcement that will allow Canadian uranium to be used to power Indian reactors ends close to 40 years of awkward relations after India used Canadian nuclear technology to build its first atomic bomb.

The nuclear cooperation deal agreed two years ago by Harper and Indian Prime Minister Manmohan Singh in Toronto was supposed to pave the way for exports of Canadian uranium and reactors to India.

But the two nations could not agree on how to track India's use of nuclear material to ensure it was put to peaceful purposes. New Delhi baulked at Ottawa's demand to be allowed to monitor the safe use of its nuclear exports.

Now the two countries will set up a joint panel to supervise the exports.

Singh and Harper said in a late evening statement they looked forward "to the inaugural meeting of the joint committee".

"The governments of Canada and India will take the necessary steps to bring the Nuclear Cooperation Agreement into force in a timely manner," the statement added, without specifying a date.

New Delhi -- backed by the United States -- won an exemption in 2008 from the Nuclear Suppliers Group, which governs global nuclear trade, to allow it to buy reactors and fuel from abroad -- even though it has not signed the non-proliferation treaty.

India, which has tense relations with nuclear-armed rival Pakistan, had been subject to a global embargo since 1974 when it first staged an atomic weapons test.

"Canada with its large and high quality reserves of uranium could become an important supplier to the Indian nuclear power programme", Singh and Harper said in the joint statement.

Canada earns $1 billion a year in uranium exports. It has been moving to step up exports, signing an agreement in July with Beijing to help Canadian companies sell more uranium to China.

Harper added the agreement should spur "millions of dollars in new business contacts between our countries and create high-quality new jobs" in Canada.

India is heavily dependent on coal and produces less than three percent of its energy from its existing atomic plants. The government hopes to raise the figure to 25 percent by 2050.

Aside from the United States, New Delhi has atomic deals with such countries as France and Russia. Last month, visiting Australian Prime Minister Julia Gillard agreed to open negotiations to export uranium nuclear fuel to India.

India used plutonium from a Canadian reactor to start developing its nuclear arms program in the early 1970s.

In an interview with Canada's Postmedia News ahead of his trip, Harper said it was time to "turn the page" on relations and that Ottawa could not "be stuck in the 1970s" in its relations with one of Asia's largest economies.


Related Links
Nuclear Power News - Nuclear Science, Nuclear Technology
Powering The World in the 21st Century at

Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks DiggDigg RedditReddit GoogleGoogle

Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News

S. Korea shuts nuclear reactors, warns of power shortages
Seoul (AFP) Nov 5, 2012
South Korea was forced to shut down two nuclear reactors Monday to replace components that had not been properly vetted, a minister said, warning of "unprecedented" power shortages to follow. Knowledge Economy Minister Hong Suk-Woo said the "non-core" components posed no safety threat and were unrelated to a string of systems malfunctions at reactors this year that triggered calls for a safe ... read more

Sweet diesel! Discovery resurrects process to convert sugar directly to diesel

First solely-biofuel jet flight raises clean travel hopes

Biofuel breakthrough: Quick cook method turns algae into oil

Switching to an energy crop: Break even or make a profit?

Pacific's Tokelau in world first solar switch

China files solar WTO complaint

Solar panels doubling as ship sails eyed

China files WTO complaint against EU over green energy: source

Scotland approves 85MW Highlands wind farm

China backs suit against Obama over wind farm deal

DNV KEMA awarded framework agreement for German wind project developer SoWiTec

Sandia Labs benchmark helps wind industry measure success

Dealing with power outages more efficiently

US military mobilizes to help restore power to New York

Sustainable cities must look beyond city limits

Outside View: Energy companies' taxes

Exxon tells Iraq it wants to sell oilfield stake

Hydro-Fracking: Fact vs. Fiction

Strategic oil needed if Iran shuts Hormuz

Gunmen kill two Chinese workers in Nigeria: company

Physicists confirm first planet discovered in a quadruple star system

Planet-hunt data released to public

New Study Brings a Doubted Exoplanet 'Back from the Dead'

New small satellite will study super-Earths for ESA

QinetiQ provides naval architecture services UK submarine fleet

Raytheon awarded US Navy contract for Ship Self-Defense System

Navy Researchers Look to Rotating Detonation Engines to Power the Future

Aussie navy tests Hobart torpedo launchers

Curiosity Team Switches Back to Earth Time

Survey of 'Matijevic Hill' Continues

Mars Longevity Champ Switching Computers

NASA Rover Finds Clues to Changes in Mars' Atmosphere

The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement