Australia, India strike deal on uranium exports during Modi visit
The arrangement opens a new market worth billions and supports India’s plan to reach 100 gigawatts of nuclear capacity by 2047, officials said.
- On Thursday, Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanese announced a landmark uranium supply agreement in Melbourne to bolster India's clean energy goals.
- Facing an energy crisis and rising demand, India—home to 1.4 billion people—plans to scale up nuclear power generation, aiming to produce 100 gigawatts of nuclear energy by 2047.
- Albanese and Modi also agreed to deepen defense and critical minerals cooperation, with Australia hosting a temporary space tracking terminal on the Cocos Keeling Islands to support India's Gaganyaan human spaceflight program.
- While Modi prepares to address 30,000 people at Marvel Stadium on Thursday night, critics like Australian Conservation Foundation campaigner Dave Sweeney oppose the uranium exports, citing non-proliferation and radioactive waste concerns.
- The two nations are fast-tracking a comprehensive economic cooperation agreement, a shift reflecting the Indian diaspora's emergence as Australia's largest overseas-born community, according to Teesta Prakash of the Australia India Institute.
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50 Articles
(Hanoi=Yonhap News) Correspondent Park Jin-hyung = Indian Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanage held a summit on the 9th (local time) and [discussed] the phosphorus... of Australian uranium
Prime Ministers of Australia Anthony Albanese and India's Narendra Modi signed an administrative agreement on the export of uranium today in Melbourne, after many years of concern and delay due to the danger of creating nuclear weapons.
India, Australia sign uranium pact
Deal comes as Australian Premier Albanese hosts Indian counterpart Modi for summit in Melbourne
Australia agrees to sell uranium to India, ending a long stalemate
Australia has agreed to sell uranium to India for peaceful purposes. The deal was announced by Australia's Prime Minister Anthony Albanese and India's Prime Minister Narendra Modi after a meeting in Melbourne.
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