KOLKATA — The Australian government is holding negotiations on supplying uranium to India, Press Trust of India (PTI) reported.
"We are negotiating an agreement to sell uranium to India. Now we have a new policy to sell uranium. But India needs to have safeguards in place so that uranium is used for peaceful purposes," Australian High Commissioner Patrick Suckling told reporters here.
Australia had earlier refused to supply uranium to India as it was not a signatory to the nuclear non-proliferation treaty.
But the policy has subsequently been changed by the Labour Party, Suckling said.
Saying Australia was looking to increase bilateral trade with India, the envoy said that the energy sector, coal in particular, would be an integral part of trade.
Sectors such as education, banking, finance and mining also hold a tremendous scope for trade, said Suckling.
"We look forward to a very strong continued growth with India," he said.(PNA/Bernama)