Australia and India finalize uranium export agreement during Modi’s visit

Australia and India have signed a significant agreement to export Australian uranium to India for peaceful nuclear energy use. This deal, announced by Indian Prime Minister Narendra Modi and Australian Prime Minister Anthony Albanese, aims to support India’s goal of achieving 100 gigawatts of nuclear capacity by 2047. The arrangement is part of a broader strategy to strengthen defense cooperation and diversify trade, particularly as Australia seeks to reduce reliance on China.

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