India, Canada nuke deal soon: Gavai

Posted By: Staff
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Toronto, May 27: S M Gavai, Indian high commissioner said that India and Canada will soon finalise the civilian nuclear cooperation agreement. This will facilitate new opportunities for both the nations.

"Both the countries have already exchanged the draft agreement. An expert Canadian team was in Mumbai last week to workout, with the Atomic Energy Commission of India, final technical details and conditions under which business can be done," said Gavai.

"We want to make sure that the proposed Canada-India nuclear agreement is equitable and non-discriminatory and both the countries work on the same wavelength", Gavai added while praising the efforts of Canada to sign the nuclear pact.

Gavai further said, "Canadian firms, including federally-owned Atomic Energy of Canada Ltd, Cameco Corp and SNC-Lavalin are eager to forge joint ventures or work with Indian firms to help build billion-dollar nuclear reactors and supply uranium."

Gavai said that India is in support of early implementation of Canada-India Foreign Investment Promotion and Protection Agreement. Gavai also added that there is in need of facilitating greater engagement between small and medium enterprises of the two countries.

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