Business Daily from THE HINDU group of publications
Thursday, Aug 21, 2008
ePaper | Mobile/PDA Version | Audio

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Home Page - Power
Industry & Economy - Minerals
Web Extras - Foreign Relations
NSG support yes, but no uranium: Australia

Anil Sasi

New Delhi, Aug. 20 Ahead of the Nuclear Supplier Group’s crucial meeting to decide on N-commerce with India, Australia has reiterated that it is unlikely to supply uranium to non-Nuclear Non-Proliferation Treaty (NPT) signatories such as India, even as it indicated it could back the country at the 2-day NSG meeting from Thursday.

In a response to an e-mail enquiry, Australia’s Foreign Affairs Minister, Mr Stephen Smith, through the High Commission, said the Government “will approach the discussions in the NSG in the same positive and constructive manner that it approached the IAEA deliberations…”

The Government has, however, firmly ruled out uranium sales to India unless it signs the NPT.

Australia’s key Opposition parties are, however, terming it “hypocritical in the extreme” for the country to refuse uranium sales to India.

“To block Australian uranium sales to India while supporting the sale by other countries (at the NSG) makes no sense… It is a position that is unsustainable. It can and must be reversed,” Mr Andrew Robb, Shadow Minister for Foreign Affairs and a key Opposition voice, told Business Line.

Canada’s U-turn

On the other hand, amid political opposition, Canada has done a policy U-turn on nuclear proliferation to indicate its willingness to support India’s entry into the global nuclear fraternity despite opposition at home on the issue.

Australia and Canada are key players — both champions of non-proliferation, strong voices in the NSG and the biggest uranium suppliers globally.

According to the Australian Uranium Association, over 50 per cent of uranium comes from mines in Canada and Australia.

Canada’s Foreign minister, Mr David Emerson, was reported to have said recently that Canada will “assess the proposed NSG exemption carefully, but hopes to move forward (on the issue)”, claiming that “you can’t keep somebody in the penalty box forever.” Canada is expected to back the exemption at the NSG meeting, which could clear the way for nuclear technology and fuel imports into India, even as a widespread non-proliferation lobby, which finds echo in the Opposition parties, has been raising voices against the Government’s plans.

The 45-member Nuclear Suppliers Group (NSG) is likely to have two meetings, one on August 21 and another in early September, to decide whether to lift the ban to trade with India on civil nuclear energy. Unlike the IAEA, where a simple majority can take decisions, the NSG convention is to get a consensus on all key issues, with even a single country in the 45-member body in a position to block the waiver for India. Once India gets the waiver from the NSG, the US Congress, which regroups in September, is expected to give its final approval to the India-US nuclear deal.

Related Stories:
India to push ahead with nuke deal amid strict deadline
IAEA safeguards to cover civilian nuclear facilities
A stressful day for the LS Speaker

More Stories on : Power | Minerals | Foreign Relations

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page




Hiring

Stories in this Section
Bay system forms, to trigger rains in East


CLB reserves order on Zandu-Emami row
iPhone to be launched today at Rs 31,000
Currency futures on NSE from Aug 29
Nuclear Power eyes alternative energy sectors
NSG support yes, but no uranium: Australia
Torrent Power (Rs 120.15): Buy
Day Trading Guide
Maruti Suzuki has a strategy for the future, says Bhargava
Tata Motors to prune Rs 7,200-cr rights issue
India outperforms major benchmarks
Carrier choice for long distance telephony gets nearer
RCom-GSM players’ row over links close to resolution


Brandline



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line