Australia can sell Uranium to India if Indo-US nuclear deal becomes a reality!

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"I think the answer is 'no' for now," said Robert Ayson, director of graduate studies in the strategy and defense program at the Australian National University. "The government can say that quite clearly at the moment because there are a number of things that clearly aren't finalized yet," he told Inter Press Service (IPS).
The agreement made by the Howard government was subject to certain pre-conditions being met. These requirements, which included India completing a safeguards agreement with the International Atomic Energy Agency, the approval of civil nuclear supply to India by the Nuclear Suppliers' Group, and the finalization of the "123" agreement between India and the US - have yet to be satisfied.
The 123 Agreement is an agreement under section 123 of the Atomic Energy Act, 1954. By virtue of this legislation, the United States of America, a sovereign state possessing nuclear weapons, seeks to commit non-nuclear weapon states to a nuclear weapons non-proliferation regime.
"The de facto NPT that the Americans and the Indians were, in a sense, trying to build around India hasn't really happened," said Ayson. "But if and when that de facto [NPT] is assembled around India, then it's possible that Australia might come back, even under a Rudd government, to re-look at that question."©IPS

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