Indian uranium market open to Canada

Uranium Investing News & U308.biz reports the latest agreement between India and IAEA has opened up a huge market for Canadian uranium producers. 

The agreement will allow nuclear power technology in India along with United Nations oversight of 14 of the nation’s 22 civilian reactors by 2014.

Until recently, the Canadian government has been ardently opposed to Indian nuclear power. The opposition dates back to 1974 when India detonated a nuclear weapon, which at the time was believed to contain materials from a Canadian reactor. That information has since been proven false.

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