Uranium deal important part of India-Canada bilateral ties: MEA

The Ministry of External Affairs (MEA) on Wednesday confirmed that India and Canada are negotiating a uranium deal, stating that it was an important part of bilateral ties and would further strengthen the civil nuclear cooperation between the two nations.

- ARCHIS MOHAN & PTI

During the MEA’s weekly press briefing, spokesperson Randhir Jaiswal said the uranium deal is an ongoing conversation between the two countries, and was discussed during the meeting between Prime Minister Narendra Modi and his Canadian counterpart Mark Carney in Johannesburg.

“It is an important part of the India-Canada bilateral cooperation, and how we can further strengthen the civil nuclear cooperation between the two countries,” he said.

According to a report by Canada’s Globe and Mail on Monday, Canada and India are close to finalising an export agreement in a deal valued at about $2.8 billion.

The report said that the deal for Canada to ship uranium to India would run for 10 years, if finalised. It said that uranium would be supplied by Canada’s Cameco Corp.