Tuesday, December 15, 2015

India & Australia wrapped up N-deal Procedures

India has announced the cessation of a “Civil Nuclear Deal” for buying uranium from Australia after a bilateral meeting held between PM Narendra Modi and Australian PM Malcolm Turnbull on the sidelines of the G-20 Summit in Antalya, Turkey.
India has announced the cessation of a “Civil Nuclear Deal” for buying uranium from Australia after a bilateral meeting held between PM Narendra Modi and Australian PM Malcolm Turnbull on the sidelines of the G-20 Summit in Antalya, Turkey.
  • With the conclusion of N-deal, India has become the first country to buy Australian yellow cake without being a signatory to the Nuclear Non-proliferation Treaty.
  • Australia has about 40% of the world’s uranium reserves and exports nearly 7,000 tonnes of uranium annually.

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