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India, Australia explore ways to facilitate flow of Uranium

News

  • India and Australia explored ways for early conclusion of the Administrative Arrangements on civil nuclear cooperation to facilitate the flow of uranium amid Australian assurances that they may conclude by this year end.
  • External Affairs Minister Sushma Swaraj held extensive talks with her Australian counterpart Julia Bishop during which Swaraj also raised the killing of an Indian woman IT professional in a Sydney suburb last month.
  • To this the visiting minister assured that the perpetrators of the fatal knife attack will be brought to justice.
  • The two sides also expressed satisfaction with ongoing cooperation in defence and security and discussed measures to further enhance regional cooperation in view of recent developments in the Asia-Pacific region.

Deal

  • Australia holds about a third of the world’s recoverable uranium resources, and exports nearly 7,000 tonnes a year.
  • The nuclear pact under which Canberra will supply uranium was signed after a meeting between Prime Minister Narendra Modi and his Australian counterpart Tony Abbott here last September.

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