Safer to sell uranium to India, says Australian minister
16 Aug 2007
Mumbai: Australian foreign minister Alexander Downer has rejected the suggestion that selling uranium to India would constitute a risk to global security, saying that on the contrary, selling uranium to India would, in fact, make the world a safer place.
"I don''t think there is a risk... I think the reverse in fact is the case, that the more you can get the Indian nuclear programme, civil nuclear programme under UN inspections under the UN protocols of the International Atomic Energy Agency, the better," he told an Australian radio channel.
"I think that creates a safer and more secure environment for those power stations. That it (India) has got nuclear weapons already, that is a done deal. They (India) don''t need Australian uranium for that, they''ve done it already," he said.
Downer''s
remarks came ahead of a decision by the Australian cabinet''s
national security committee on the issue of selling uranium
to India.
The committee is due to consider a proposal by Downer
that Australia sell uranium to the India to help fuel
its expanding nuclear power industry.
The
committee is expected to approve the proposal, making
a radical shift in Australia''s foreign policy, which prevents
uranium sales to countries that have not signed the nuclear
Non-Proliferation Treaty, The Age reported.
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