Pacific Nations May Challenge Australia, India Uranium Exchange

ABC News reported a move by Australia to allow the export of uranium to India could face a legal challenge from Pacific nations.

As quoted in the market news:

Australia’s Prime Minister, Julia Gillard, will travel to India on Monday to meet with her counter-part Manmohan Singh.

She’s expected to discuss the decision last November to overturn a ban on selling uranium to India, which was previously in place because India isn’t a signatory to the Nuclear Non-Proliferation Treaty.

Click here to read the full ABC News report.