Wednesday, July 19, 2017

The first ever Uranium Shipment from Australia will reach India soon:

The Visiting Foreign Minister of Australia, Julie Bishop said that the first ever shipment of Uranium, with the largest quantity of the yellow metal, is on its way to India. This will surely elevate the level of strategic & economic partnership between the two countries. 

Julie also suggested that there must be strict follow-up of rules and regulations adhered by China in concern with the Indo-Sino border standoff. 

 In a press conference with selected reporters, the Foreign minister on Tuesday said, "The first shipment of uranium under the commercial arrangement is on its own way to India. The parliamentary clearance for uranium supplies was approved in Australia. India and Australia have also agreed on nuclear safeguards agreement," She met the Prime Minister, Foreign Minister, Finance & the Defence Minister of India. 

The civil nuclear bond between India & Australia was signed by the two countries in 2014 and since then Canberra has been the entry gate for India to NSG & other export regimes. The present Indo- Sino standoff, besides expansion of defense and security tie up, was the primary concern in the agenda of the Australian Foreign Minister. 

"This is long term dispute. While maritime border disputes should be settled based on UNCLOS, land boundary disputes should be settled peacefully. We don't want to see an escalation. Any miscalculation could lead to tensions," Bishop remarked. 

The visiting Foreign Minister said that China must keep its limits and follow the international norms.
“India and Australia have a growing strategic and economic partnership to provide stability in the Indo-Pacific region. We hope to expand defence partnership besides working on counter-terror and countering violent extremism.” 

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"There are all indications from the top leadership of US that it is continuing with its pivot to Asia-Pacific. Besides President Donald Trump will attend East Asia Summit," the Australian Foreign Minister chalked out.

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