Australia and India Sign Uranium Export Agreement for Nuclear Power Generation

According to India's Ministry of External Affairs, Australia and India signed a uranium export agreement on July 9 during Prime Minister Modi's visit to Australia. The agreement will enable uranium exports to India for power generation, with India pledging the uranium will be used "for peaceful purposes only." Australian Prime Minister Albanese stated the arrangement would help increase non-fossil fuel electricity generation in India and create additional markets for Australia's resource sector. The specific volume and timeline for uranium purchases were not disclosed.
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