India likely to sign N-pact with Kazakhstan

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 10:54 PM IST

Kazakhstan, known to have the second largest uranium reserves in the world, has evinced keen interest to have civil nuclear cooperation with India and an agreement in this regard is expected to be signed during the visit of President Nursultan Nazarbayev here next month.

Atomic energy agencies of the countries have already established contacts and are discussing the scope for cooperation, including supply of uranium, joint exploration of the nuclear fuel and setting up of atomic plants.

"We are working for that. It is early to speak about that," Kazakh Ambassador Kairat Umarov told PTI in an interview here when asked whether civil nuclear agreement will be signed during the visit of Nazarbayev, who is coming here as the Chief Guest of the 2009 Republic Day.

However, sources said that the agreement is expected be signed during the visit and negotiations in this regard are being speeded up.

Kazakhstan will be the fourth country after the US, France and Russia with which India will have civil nuclear cooperation if the agreement is clinched during Narbayev's three-day visit when he will meet Prime Minister Manmohan Singh.

Reflecting his country's keen interest to have civil nuclear agreement, Umarov said: "The Kazakh side is ready to cooperate with India because India's reputation is very high."

Referring to the waiver by Nuclear Suppliers Group and firming up of India-IAEA Safeguards agreement, he said: "Since all formal hurdles have been overcome, there is clear road to cooperate."

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 14 2008 | 7:56 PM IST

Next Story