Australia may sell uranium to India
26 Jul 2007
Australia may sell uranium to India if it accepts a submission from its foreign affairs minister Alexander Downer. So far, India''s refusal to sign the NPT for being discriminatory has come in the way of Australia supplying uranium to India.
Australia''s national security committee will take up Downer''s submission, once it is placed before it.
The move has the backing of prime minister John Howard who is expected to bring into play electoral politics ahead of the Australian federal elections to push for opening up uranium exports to India.
The move is certain to be opposed by and its leader Kevin Rudd the labour opposition leader and his Federal Labour party, which has traditionally opposed uranium sales to India on the grounds that it would undermine the NPT.
The opposition is expected to increasingly corner Rudd, who will be seen as opposing India, the US and the Australian uranium industry, which stands to gain from exports to India.
Moreover, Howards is banking on the Australian voter asking why labour opposes Australia''s uranium exports to India, when the country already supplies it to China.
India
has an impeccable record of never having proliferated nuclear technology to anybody
else, but China has been accused of complicity in the exporting of nuclear technology.
Latest articles
Featured articles
The remarkable Ratan Tata
By Kiron Kasbekar | 23 Oct 2024
One newspaper report of Ratan Tata’s passing away showed an old photo of him climbing into the cockpit of a Lockheed Martin F-16 fighter.
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation