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Economy

Australia exporting uranium to South Asia

NEW DELHI -- After concluding a civil nuclear deal signed last year, energy-starved India is to buy uranium from Australia to fuel its atomic reactors and meet soaring power demand.

Prime Ministers Narendra Modi,left, and Malcolm Turnbull finalized a civil nuclear deal at their first bilateral meeting on the margins of the G20 Summit in Turkey that will make India the first country to buy uranium from Australia. (Courtesy of India's Press Information Bureau)

     Prime Minister Narendra Modi and his new Australian counterpart, Malcolm Turnbull, met in Antalya, Turkey, on Sunday on the margins of the G20 Summit to announce completion of procedures for the India-Australia civil nuclear agreement. An exact date for the agreement to come into force was not given.

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