Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Aussie premier to visit India for 'uranium deal'  Join our daily free Newsletter

MENAFN - Arab News - 30/08/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Arab News) SYDNEY: Australia's Prime Minister Tony Abbott said Friday he will visit India next week where he will reportedly sign an agreement allowing the export of uranium to the nuclear-armed South Asian nation.

It will be Abbott's first trip to India since his election a year ago and he said in a statement it would involve visits to New Delhi and Mumbai to 'strengthen the strategic partnership between our two countries.'

The prime minister made no mention of uranium and his office said they were unable to confirm anything related to its sale despite reports Abbott will sign a deal when in India.

Abbott said only that there was 'potential for further cooperation in resources science technology and education' with Australia's fifth-largest export market worth Aus11.4 billion (10.7 billion).

'My visit will be an opportunity to engage with Prime Minister Modi early in the term of his government to increase bilateral cooperation to advance our mutual interests' Abbott said.

Australia's previous Labor government moved to lift the ban on selling uranium to India in 2011 in a bid to strengthen relations with the fast-growing economic powerhouse.

At the time Canberra stressed that any exports would have to be accompanied by guarantees that uranium would only be used for power facilities and not military purposes

Reports this month suggested officials from both countries have now worked out appropriate safeguards with the Australian Broadcasting Corporation saying a deal would be signed during the visit.

After India Abbott will travel to Malaysia for talks with Prime Minister Najib Razak.

'Australia's defense ties with Malaysia are amongst our closest in Southeast Asia and we feel a deep connection to Malaysia given shared experiences arising from the MH370 and MH17 disasters' he said referring to the Malaysia Airlines tragedies.

Two-way trade with Malaysia last year was worth almost Aus18 billion.

Abbott leaves for India on September 4 and returns from Malaysia on September 6.

 


Arab News




  MENA News Headlines
 Mar 6 2015 - Iraq, ExxonMobil eye oil agreementsMENAFN
(MENAFN) Texas-based Exxon Mobil Corp is set to make a deal with Iraqi government to restructure oil agreements in such a way that Iraq will meet its near-term cash needs, Reuters reported.According ...

 Mar 6 2015 - Qatar, Luxembourg to sign financial cooperation dealMENAFN
(MENAFN) A financial delegation from Luxembourg is in Qatar in hopes of driving greater strategic cooperation between the two countries in the field of international finance, The Peninsula Qatar ...

 Mar 6 2015 - Egypt, Dubai's Arabtec to renegotiate terms for USD40b planMENAFN
(MENAFN) Arabtec's chairman is set to meet officials of Egypt's housing ministry to renegotiate terms of USD40 billion housing plan, Arabian Business reported.Egypt's housing minister is in talks ...

 Mar 6 2015 - MERS kills 10 more in Saudi, health campaign broadenedAFP
(MENAFN - AFP) The MERS virus has killed 10 more people in Saudi Arabia over the past week, pushing the death toll above 400, as health officials broaden their campaign to halt its spread. Saudi ...

 Mar 5 2015 - Saudi, South Korea consider trade expansionMENAFN
(MENAFN) South Korean President announced that Korea and Saudi must try to diversify commercial cooperation with an emphasis on nuclear energy, renewable energy, education and health care, Arab News ...

 Mar 5 2015 - Etisalat plans to invest USD1.08b in 2015MENAFN
(MENAFN) Emirates Telecommunications Corporation, also known as etisalat, is planning to invest USD952.7 to USD1.08 billion this year on its infrastructure, fiber optic and 4G networks as well as to ...

 Mar 5 2015 - Qatar seeks 7 percent growth in 2015 despite oil plungeMENAFN
(MENAFN) Qatar's economy is expected to grow 7 percent in 2015, as it forges ahead with huge infrastructure investment despite the drop in oil prices, leading economist said.The figure compares with ...

 Mar 5 2015 - French Assystem acquires 75 percent in Saudi RadiconMENAFN
(MENAFN) Assystem completed the acquisition of 75 percent stake in the Saudi Radicon Gulf Consult (Radicon) to create a new engineering offer in the Saudi market nominated Assystem Radicon, Saudi ...

 Mar 5 2015 - Dutch Vopak to expand Fujairah oil storage capacity in 2015MENAFN
(MENAFN) Dutch Vopak is set to build five crude oil storage tanks with total capacity of 478,000 cubic meters at the port of Fujairah in the UAE, Reuters reported.Vopak is already in a partnership ...

 Mar 5 2015 - Saudi Kingdom Holding signs MoU with Korean Investment CorporationMENAFN
(MENAFN) Riyadh-based Kingdom Holding Company (KHC), signed an MoU with Korea Investment Corporation (KIC), Saudi Gazette reported.The MoU is set at producing more opportunities in private equity ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help