Harper Says Uranium Sales Between Canada And India Are Pending

Bloomberg reported Canada’s Prime Minister, Stephen Harper says negotiations with India to trade uranium have concluded.

As quoted in the market news:

The two countries completed talks on an administrative agreement that will enable Canadian companies such as Cameco Corp. (CCJ) to sell nuclear materials, equipment and technology to the world’s 10th-largest economy, according to a statement released by Harper’s office today.

India and Canada must still sign the deal for it to take effect. It will allow them to implement a cooperation pact Harper and Indian Prime Minister Manmohan Singh signed in 2010. Harper met Singh today in New Delhi as part of a six-day trip to India.

Click here to read the full Bloomberg report.