Australia sticks to uranium ban

India told ban will remain until it signs nuclear non-proliferation treaty..

    Rudd's Labor party says it has a long standing ban on sales to non-NPT countries [AFP]

    The negotiations marked a major policy shift for Australia which demands that all its uranium customers ratify the NPT, as well as ensure that radioactive material is neither put to military use nor passed on to a third country.

    India is eager to secure supplies of uranium to fuel a soaring domestic demand for energy.

    Smith said the Australian Labour party, which took power last year, has a "long-standing position" banning exports of nuclear material to countries which have not signed the NPT.

    However, he later told the Australian parliament that Australia had undervalued India - a rapidly growing market for Australian minerals and energy - for the past 30 years.

     

     

    SOURCE: Agencies


    YOU MIGHT ALSO LIKE

    Why Jerusalem is not the capital of Israel

    Why Jerusalem is not the capital of Israel

    No country in the world recognises Jerusalem as Israel's capital.

    Inside the world of Chinese bitcoin mining

    Inside the world of Chinese bitcoin mining

    China is one of the main exchange markets and hosts some of the biggest bitcoin 'mining pools' in the world.

    Africa is not poor, we are stealing its wealth

    Africa is not poor, we are stealing its wealth

    It's time to change the way we talk and think about Africa.