NEWS

India, Canada negotiating nuke deal

Source:PTI
November 15, 2008 12:55 IST

Canada and India are negotiating a comprehensive nuclear deal that will allow the country to develop civilian nuclear power plants, a spokesperson of the Canadian foreign office said.
    
Both sides had "informal" discussions in September and expect to schedule a formal sessions soon, Lisa Monette, the spokesperson, told PTI and added that Canada signalled its support for India's re-engagement with the broader nuclear energy community when it backed the suppliers' group decision.
    
"India is a responsible democracy that shares with Canada the fundamental values of freedom, democracy, human rights and respect for the rule of law," she remarked.
    
"India has made substantial non-proliferation and disarmament commitments to achieve the trust of the Nuclear Suppliers Group, which were reiterated in a political statement on September 5."
    
The negotiations come after Canada backed a decision by the NSG to provide an exemption for India that would allow it to develop civilian nuclear power even as it maintains its right to develop weapons without international scrutiny, Monette said.
    
She said Canada and India have longstanding bilateral ties built upon shared values of democracy and pluralism and strong people-to-people links. In recent years, both countries have been working to enhance bilateral cooperation in a number of areas of mutual priority.

The 2005 Canada-India Joint Statement reaffirmed the commitment of both the countries to deepen their bilateral dialogue on key global issues and enhance their cooperation in areas of mutual priority, including regional security and counter-terrorism; science and technology; environment; bilateral trade and investment; and people-to-people links, Monette said.
    
Over the past few years, Canada and India have continued to enhance their dialogue on regional security and global strategic issues of common interest through the annual Canada-India Strategic Issues Dialogue and regular meetings of the Canada-India Joint Working Group on Counter-Terrorism.
    
Both the countries jointly hosted a regional workshop on counter-terrorism and financial remittance systems ("hawalas") in Delhi in 2007, the spokesperson added.
    
Meanwhile, federally owned Atomic Energy of Canada Ltd is looking to re-enter the Indian market and is currently negotiating a nuclear co-operation agreement with India that would allow AECL to re-establish business ties, despite concerns that India has not signed the international nuclear Non-Proliferation Treaty.

Source: PTI
© Copyright 2024 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

NEXT ARTICLE

NewsBusinessMoviesSportsCricketGet AheadDiscussionLabsMyPageVideosCompany Email