Posts tagged Australia India Business Council

Australian PM’s move on Uranium welcomed

By Neena Bhandari

Sydney, 17.11.2011 (Business Standard): The Australia India Business Council (AIBC) has welcomed Prime Minister Julia Gillard’s support for uranium exports to India, a move that has boosted optimism across the sector here.

“The ability for India to generate the power needed to support its rapidly growing economy is reliant on safe and secure access to nuclear power. With Australia holding a significant share of the world’s uranium reserves, it represents an important opportunity for trade that can be managed, given appropriate levels of transparency,” said Arun Sharma, national chairman of AIBC, which this year celebrates 25 years of promoting trade and business relations between the two countries. Continue reading