During Prime Minister Mark Carney's recent visit to India, he announced a strategic energy partnership with Indian Prime Minister Narendra Modi, focusing on clean energy initiatives and aiming for $50 billion in bilateral trade by 2030. A significant 10-year uranium supply deal worth $2.6 billion was signed, which is crucial for India's ambitious goal of achieving 100 gigawatts of nuclear capacity by mid-century. This agreement is seen as a structural commitment to ensure a reliable fuel supply, addressing a critical constraint in India's nuclear power expansion plans.
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Mark Carney And Narendra Modi Sign $2.6 Billion Uranium Deal
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Prime Minister Mark Carney's visit to India resulted in a strategic energy partnership and a landmark $2.6 billion uranium supply deal aimed at supporting India's nuclear expansion. However, tensions over allegations of Indian interference in Canada complicate the cooperation narrative.
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