Landlocked but resource-rich Uzbekistan is seeking to deepen its strategic partnership with India, as it is planning to export uranium to power a growing number of nuclear plants in South Asia’s biggest country.
Uzbekistan’s neighbour Kazakhstan has been a supplier of uranium to India since the end of the last decade. By planning to export precious item like uranium to India now, Tashkent is signalling that it desires to expand the list of its strategic partners, a local official told ET, speaking on the condition of anonymity.
Uzbekistan, the seventh biggest uranium exporter in the world, will be a key player in India’s plan to procure nuclear fuel to create a strategic uranium reserve. New Delhi is working to have a stockpile of nuclear fuel that can sustain the country’s reactors for five years and ensure that they do not stop functioning in the absence of fuel. Read More…
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