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Canada and India near $2.8B uranium deal, with Cameco supplying fuel, as part of broader trade push.
Canada and India are close to finalizing a 10-year uranium supply deal worth up to $2.8 billion, with Cameco Corp. set to supply fuel for Indian nuclear reactors, according to Saskatchewan Premier Scott Moe.
The agreement, part of Prime Minister Mark Carney’s effort to diversify trade away from the U.S., reflects Canada’s push to strengthen economic ties with India amid a thaw in relations.
The visit, which includes meetings with Indian leaders and business figures, also aims to reduce tariffs on Canadian agricultural goods and advance a broader trade deal.
Officials expect an announcement before the trip ends.
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Canadá e India cerraron un acuerdo de uranio de 2.800 millones de dólares, con Cameco suministrando combustible, como parte de un impulso comercial más amplio.