Canada will supply uranium to India

Janjivan Bureau
Ottawa: Launching of a new era of bilateral cooperation and mutual trust by Prime Minister Narendra Modi, Canada will supply uranium to energy-starved India beginning this year over a period of five years.Canada is the third country to supply uranium to India after Russia and Kazakhstan.
After comprehensive talks Modi had with his Canadian counterpart Stephen Harper signed an agreement on this regard.Cameco Corporation will supply 3,000 metric tonnes of uranium over five years to India at an estimated cost of USD 254 million.
This was announced by Canadian Prime Minister Stephen Harper after talks with his Indian counterpart Narendra Modi in Ottawa. India and Canada will resume commercial cooperation in the civil nuclear energy sector after decades, Prime Minister Narendra Modi said while hoping his visit would act as a “springboard” for taking the bilateral relationship to a new level.
Under a deal worth hundreds of millions of dollars, Canadian producer Cameco Corp is expected to provide fuel for Indian reactors.
Asserting that the pessimism of the past about India has turned into optimism about the future, Modi said both countries will benefit immensely by an early conclusion of a Bilateral Investment Protection and Promotion Agreement and Comprehensive Economic Partnership Agreement.