Schimba limba in: RO / EN


India Canada Nuclear Cooperation Agreement

India Canada Nuclear Cooperation Agreement: A Step towards Global Nuclear Security

India and Canada have signed a nuclear cooperation agreement to expand the cooperation between the two countries in the field of peaceful use of nuclear energy. This agreement will facilitate the trade of uranium, nuclear technologies, and services between the two countries.

The agreement was signed during the visit of the Canadian Prime Minister, Justin Trudeau, to India in February 2018. It will enable Canadian companies to export nuclear materials, equipment, and technologies to India, which will help India to achieve its target of generating 63,000 MW of nuclear power by 2032.

This agreement is significant for India as it will help the country to overcome its longstanding energy deficit and meet its growing energy demands. India is one of the fastest-growing economies in the world, and its energy requirements are expected to double by 2040. Nuclear energy is one of the cleanest and most efficient sources of energy, and it is critical for India to increase its share of nuclear energy in its energy mix.

The agreement also highlights the cooperation between India and Canada in the field of nuclear security. Both countries are committed to enhancing global nuclear security and preventing the proliferation of nuclear weapons. Canada has been a strong supporter of India`s nuclear program since the beginning and has played a crucial role in facilitating India`s entry into the Nuclear Suppliers Group.

The agreement also lays the foundation for collaboration between Indian and Canadian nuclear industries, which will help in the development of new nuclear technologies and services. This will create new business opportunities for both countries and enhance their economic ties.

With this agreement, India has now signed nuclear cooperation agreements with more than 20 countries, including the United States, France, Russia, Japan, and Australia. These agreements have helped India to secure the supply of nuclear fuel and technologies, which is critical for the operation of its nuclear reactors.

In conclusion, the India Canada Nuclear Cooperation Agreement is a significant step towards global nuclear security and peaceful use of nuclear energy. It will help India to achieve its energy goals and strengthen its economic ties with Canada. The agreement is a testament to the strong bilateral relations between the two countries and their shared commitment to promoting global nuclear security.

Comments are closed.