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Web Exclusive | April 2013

India, Canada move forward on nuke energy deal

Paving the way for Canadian uranium reach India, governments of India and Canada have taken required steps for implementation of their bilateral Nuclear Cooperation Agreement (NCA). Joe Oliver, Federal Minister of Natural Resources, announced this in Toronto on April 9 that officials from the two countries had signed an ‘Appropriate Arrangement’ as part of the nuclear agreement.

He said so at the headquarters of Canada’s largest uranium producer, Cameco Corporation, in Saskatoon, a city in the province of Saskatchewan. The appropriate arrangement will allow Canadian companies to export nuclear material, equipment and technology for peaceful uses to India, in accordance with Canada’s nuclear non-proliferation policy and under safeguards applied by the International Atomic Energy Agency.

This is an important step towards full implementation of the NCA, which will create new opportunities for the Canadian nuclear industry, said Oliver. The arrangement was signed in Delhi on March 14 by the government of India’s Secretary in the Department of Atomic Energy, R K Sinha, and in Ottawa a week later by Michael Binder, Chairman of the Canadian Nuclear Safety Commission.

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