Sunday, 31 May 2020

Australia quietly makes first uranium shipment to India

INDIA-AUSTRALIA

SYDNEY: Three years after signing a civilian nuclear supply treaty, the Federal Government confirmed overnight the first shipment of Australian uranium has left for India.

Foreign Minister Julie Bishop provided little detail about the inaugural sale, saying only that it was subject to commercial negotiations.

The supply deal with India, signed in 2014, is the first of its kind Australia has made with a country not party to the nuclear non-proliferation treaty.

At the time, then-prime minister Tony Abbott said Australian uranium could play a reliable long-term role in supplying India’s growing energy needs.

But it was not until last night, in a brief and low key announcement, that Ms Bishop said the first shipment was finally en route.

It is not clear how big the shipment is, where it departed from, or where in India it might be heading.

Indian officials were unable to immediately provide comment, while the Department of Foreign Affairs and Trade said only that the details were subject to commercial negotiation.

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