PEN 0.00% 13.0¢ peninsula energy limited

aussie uranium to india ?

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    AUSTRALIA could drop its ban on uranium sales to India after an international expert panel called for a fresh approach to restricting the world's nuclear arsenal.



    The findings from the International Commission on Nuclear Non-proliferation and Disarmament leave Mr Rudd - who set up the commission with Japan - in an awkward position. Australia has refused to sell uranium to India because India sits outside the Non-proliferation Treaty, the main international pact to limit the spread of nuclear weapons.

    ''I think it's pretty self-evident that the ban on supplying uranium to India is a lost cause,'' commission co-chairman and former Australian foreign minister Gareth Evans told The Age.

    The Rudd Government angered officials in Delhi soon after coming to power in 2007 when it abandoned a Howard-era deal to supply yellowcake to India.

    But it subsequently blessed a deal between India and the United States on the transfer of civilian nuclear technology, paving the way for other countries such as Canada to sell uranium to India.



    http://mybiz.optus.com.au/news/67897/uranium-exports-to-india-on-cards.html


 
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