06 December 2011

News Story: Oz party votes to lift uranium ban


The burgeoning strategic ties between India and Australia received a further boost with the ruling Labour Party voting to reverse a ban on uranium exports to India during its annual conference in Sydney on Sunday. With this lifting of the ban, India will also be hoping to move a step further in its quest for energy security.

New Delhi responded to the overturn of the ban by saying that it welcomed this initiative. External affairs minister S.M. Krishna in a statement said that bilateral cooperation in the energy sector is an important facet of ties between the two countries. His statement was also careful to mention that the uranium sale will be for power generation.

Read the full story at the Deccan Chronicle