Australian news, and some related international items

Abbott govt likely to speed up uranium sales deal with India

India-uranium1Australian Election Seen Likely to Speed Talks with India on Uranium Deal National Journal, By Rachel Oswald, Global Security Newswire  September 11, 2013    WASHINGTON — Newly elected leaders in Australia likely will push to conclude a trade agreement aimed at allowing uranium exports to India, issue experts told Global Security Newswire.

While it was earlier predicted to take two years to conclude the export negotiations, a new Liberal-National government led by conservative leader Tony Abbott likely will push to have trade discussions finished “within the year,” according to Amitabh Mattoo, director of the Australia India Institute at the University of Melbourne.

“The Tony Abbott government will undoubtedly give a new [push] to ties with India,” Mattoo wrote in an e-mail. “There are few countries in the region which have more in common by way of both interests and values than India and Australia, and the Liberals recognize this much, much more than Labor did.”……

A strong showing by the Australian Liberal-National Party coalition in Saturday elections unseated the Labor government, which has held power since 2007. The Labor Party was voted out of office, in part, due to voter perceptions that it was mismanaging the growth of Australia’s mining sector, which includes the world’s largest known uranium reserves, according to Reuters.

Rory Medcalf, director of the Lowy Institute’s International Security Program in Australia, told GSNin an e-mail he expects the Liberal-National coalition will place a higher priority on “the steady expansion of Australian uranium exports for civilian purposes and under safeguards.”…… The Liberal-National conservative coalition in Australia “consistently” has favored uranium exports to India ever since former Prime Minister John Howard changed policy in that direction in 2007, according to Medcalf. …..

September 13, 2013 - Posted by | AUSTRALIA - NATIONAL, politics international, uranium

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