Tony Abbott would sell uranium to India
Australia’s Abbott Wants Japan Trade Deal, India Uranium Sale, Bloomberg Business Week By Marion Rae May 25 — Australia will try to clinch a trade deal with Japan, boosting ties with its second-largest trading partner after China, and will sell uranium to India under a Liberal-National government, opposition leader Tony Abbott said..
…The coalition will build a “strong strategic partnership” with Japan, including stronger military links and a conclusion to free trade talks, and will “overturn Labor’s ban on uranium exports,” Abbott said today in a speech to the Asialink-Asia Society forum in Canberra……Rudd’s government doesn’t allow uranium to be sold to India for energy use because the South Asian country hasn’t signed the Nuclear Non-Proliferation Treaty.
That ban will be scrapped, opening a new market for uranium producers such as BHP Billiton Ltd., Energy Resources of Australia Ltd., which is controlled by Rio Tinto Group, and explorers such as Toro Energy Ltd., Abbott said. Australia’s Abbott Wants Japan Trade Deal, India Uranium Sale – BusinessWeek
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