Kazakhstan and India sign nuclear cooperation agreement.

By bne IntelliNews April 19, 2011
Kazakhstan and India signed nucear cooperation agreement. Under the deal, Kazakhstan will supply 2100 tones of uranium to Indias nuclear power plants by 2014. This announcement was made after a meeting between Kazakh president Nursultan Nazarbayev and Indian PM Manmohan Singh. The leaders also noted the need for expansion of mutually beneficial cooperation in the nuclear area while adhering to their existing obligations under multilateral nuclear regimes. India is also seeking opportunities in joint exploration of uranium in Kazakhstan. To remind you, Kazakhstan holds 15% of the worlds uranium reserves and is the largest uranium producer in the world.

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