Canada was hopeful of reaching agreement to supply energy-hungry and fast-growing India with more uranium than the 3,000 metric tonnes that has already been agreed upon, Canadian Natural Resources Minister Jim Carr said on Wednesday.
“So long as [bilateral] negotiations continue and Canada can supply enough to meet India’s needs, there is every good reason to be optimistic” about Canada supplying more than 3,000 metric tonnes of uranium to fuel India’s nuclear power plants, Mr. Carr told reporters here on Wednesday.
In April last year, during Prime Minister Narendra Modi’s visit to Canada, a pact was inked for Canada’s Cameco to supply India 3,000 metric tonnes of uranium over five years at an estimated cost of $254 million. Asked about the possibility of more uranium supplies, Mr.Carr said it depended on the continuing conversations and bilateral negotiations between Canadian business leaders and Indian officials. The Canadian government is an …
Go to Source