- Title: TRINIDAD AND TOBAGO: India and Canada agree on nuclear cooperation deal
- Date: 30th November 2009
- Summary: REPORTERS
- Embargoed: 15th December 2009 02:10
- Location: Trinidad and Tobago
- Country: Trinidad and Tobago
- Topics: International Relations,Energy
- Reuters ID: LVA43XK7NG81H4CG7FOHY6OSKEKR
- Aspect Ratio: 4:3
- Story Text: The Prime Ministers of India and Canada say they have concluded a nuclear cooperation deal that will allow Canadian companies to resume sales of uranium and nuclear technology to India.
Ottawa and New Delhi have agreed on nuclear cooperation, Canadian Prime Minister Stephen Harper said on Friday (November 27), adding that ratification process will take time.
"When I was in India, Prime Minister Singh and I had discussion on many things including nuclear cooperation agreement. This is very close to completion. Prime Minister and I agreed that it should be brought to conclusion very rapidly," Harper told reporters in Port of Spain on the sidelines of the 21st summit of Commonwealth Heads of Government Meeting (CHOGM).
The development comes eleven days after Prime Ministers Dr. Manmohan Singh and Stephen Harper had met in New Delhi to discuss the deal and other areas where both nations could enhance cooperation.
Calling the deal a 'tremendous development', Harper said official-level talks were over but completion of ratification process could take some time.
"This is a tremendous development, a tremendous opportunity for both countries. Canada is an integrated supporter of nuclear energy fuel and India as an expanding economy has great energy needs. We will be taking time to complete the ratification process," Harper said.
Canada halted nuclear co-operation with India after the country exploded a nuclear bomb in 1974. Canada and other countries lifted their moratorium on nuclear trade with India last year.
The deal means Canadian uranium producers will be able to sell to an Indian market that is seen, along with China's, as one of the top areas of growing demand for nuclear fuel.
India's Prime Minister Manmohan Singh applauded the agreement.
"India and Canada have partners in development ever since India became independentï¿½ï¿½ï¿½ï¿½ï¿½ï¿½ï¿½we have a large number of Indian community in Canada, so we have all these bonds of friendship which PM Harper and I are committed to further developed in every possible wayï¿½ï¿½ï¿½ï¿½ï¿½ï¿½ï¿½So the negotiation of this Civil Nuclear Co-Operation is a very important step in our relationship," Singh said.
Canada is the largest exporter of uranium and India needs the nuclear fuel to meet its rapidly growing energy needs.
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