India, Namibia sign uranium supply deal

02 September 2009 | Die Mark
INDIA and Namibia Monday signed five agreements, including one on civil nuclear energy which allows for supply of uranium from the African country. This was decided at the start of President Hifikepunye Pohamba’s five-day visit to India – which is the first state visit by a foreign head of state in the second term of the United Progressive Alliance, which was re-elected to power in May 2009.

“Our relations with Namibia have strong historical roots, which predate Namibia’s independence. They are warm, cooperative and based on profound understanding of each others aspirations, Singh said in a statement after the meeting. After the discussions, both countries signed five agreements, including one on supply of Namibian uranium to India.

“Later, addressing captains of Indian Industry, Pohamba noted that uranium and diamonds were sectors ripe for Indian industry to enter the Namibian market. Among the agreements that we signed Monday is the cooperation between us on uranium. Nambia is the fifth largest producer of uranium in the world. After Nuclear Suppliers Group (NSG) allowed trade in nuclear technology and fuel with India, the South Asian country has been looking to ramp up its production of nuclear energy to meet its need for increasing electricity.

“But, with limited domestic uranium reserves, India has been looking abroad to get assured supplies. It has already signed an agreement with Kazakhstan. Australia has, however, so far refused to supply uranium to India, unless it signs the Nuclear Non-Proliferation Treaty. The Indo-Namibian agreement in peaceful uses of nuclear energy allows for supply of uranium and setting up of nuclear reactors.

“The Indian cabinet had last week also given the green light to the government to sign an umbrella agreement with Namibia in the lucrative area of mining. The Namibian president also invited Indian industrialists to try and redress the balance of trade which was heavily in favour of India. While exports from India stood at US$40 million for 2007-8, imports of Nambia were at nearly half at US$21million.

“We should, therefore, work hard to bring about more exports from Namibia to India,” he said. Pohamba asked for Indian businesses to look at Namibia for its diamonds, “which are the best in the world”.

“This year, my colleague, minister of mines said, why can’t we have some of the diamonds go to India, so that they can see the value of the Namibian diamond. I said go ahead. So that there are some packs of diamonds which came to India this year,” he said. India has been strongly advocating for the Africanisation of the diamond trade, where the countries get the benefit from the industry.

taragana.com

Soortgelyk

 

Hepatitis E woed landswyd voort

15 ure gelede | Ministeries

Henriette Lamprecht – Kort duskant ‘n jaar ná ‘n uitbreking van hepatitis E amptelik in Desember 2017 in Windhoek verklaar is, is byna 4...

Nuwe plan teen misdaad onthul

15 ure gelede | Misdaad

Denver KistingRooftogte, veral gewapende rooftogte, het in die afgelope ses jaar met 44% die hoogte in geskiet.Dié syfer is vervat in misdaadstatistieke van die afgelope...

Hittegolf rý Namibië

15 ure gelede | Weer

Ondangwa is vandag die heel warmste plek met ‘n verwagte maksimum temperatuur van 41°C. Boonop word geen verligting van snikhete temperature hierdie naweek verwag nie....

SOE’s: Direksies moet vir mislukkings pa staan

15 ure gelede | Ministeries

Ronelle Rademeyer - Voor staatsondernemings (SOE’s) nie prestasiegedrewe volgens goeie korporatiewe beginsels bestuur word nie, sal die ekonomie nie beter vaar nie.Daarom sal die vergoeding...

Weer, Vrydag 16 November 2018

15 ure gelede | Weer

BINNELAND: Sonnig en bloedig warm in die Suide. Elders sal dit gedeeltelik bewolk en bloedig wees. Enkele donerbuie word in Otjozondjupa, Khomas en Omaheke verwag.KUS:...

Kalender 16 November

15 ure gelede | Kuns en vermaak

Nou aan die gang» Die Nasionale Kunsgalery van Namibië (NAGN) bied met trots die 2018 Unam Visuele Kunste-uitstalling aan, wat tans in die hoofgalery van...

Die misterie van poësie

15 ure gelede | Kuns en vermaak

Lloyd Zandberg Terwyl die meerderheid van die mensdom soggens teen die wekker stoei, kinders vir skool aantrek, die hewige verkeer aandurf en uiteindelik laat vir...

Ons is nie teen gays, sê Sioka

15 ure gelede | Ministeries

Denver Kisting – Die minister van geslagsgelykheid en kinderwelsyn, me. Doreen Sioka, sê die regering het niks teen gay mense nie.Sý veral diskrimineer nie teen...

Mense oor miltsiekte gewaarsku ná 2 uitbrekings

15 ure gelede | Gesondheid

Ronelle Rademeyer - ’n Bewegingsverbod vir diere is by Sesfontein en die Bwabwata Nasionale Park ingestel nadat uitbrekings van miltsiekte op 1 November in dié...