India, Canada launch a new era with uranium deal

Infusing a fresh burst of energy into bilateral ties, India and Canada signed a path-breaking deal which envisages the supply of over seven million pounds of uranium concentrate over the next five years.

The agreement was inked in the presence of India’s Prime Minister Narendra Modi and his Canadian counterpart Stephen Harper, with Mr Modi describing it as the launch of “a new era” in bilateral relations.

“The agreement on procurement of uranium from Canada for our civilian nuclear power plants launches a new era of bilateral cooperation and a new level of mutual trust and confidence,” said Mr Modi at a joint media appearance with Mr Harper.

Read More