Uranium pact likely during Carney’s India visit

Inking a deal to supply uranium to India is expected to be among the principal deliverables as Canadian Prime Minister Mark Carney arrives in the country later this week.

- Anirudh Bhattacharyya

Tim Gitzel, CEO of one of the world’s largest uranium suppliers, Cameco will be part of the business delegation accompanying Carney during the visit, Business Council of Canada CEO and president Goldy Hyder confirmed to the Hindustan Times. While Hyder could not confirm whether the uranium supply deal will be clinched during the visit, officials on both sides have indicated as much.

Cameco is headquartered in Saskatoon in the province of Saskatchewan and its premier Scott Moe will be part of the delegation joining Carney. On Tuesday, Moe was quoted by the agency Canadian Press as saying, “I would say there’s been an ongoing conversation and relationship with India about the potential for uranium sales, for example, and that’s that has been part of virtually every conversation we've had with India.”