Canada close to sign nuclear deal with India

May 27, 2009 23:51

Canada's international trade minister on Wednesday said Canada is very close to signing a nuclear deal with India. Stockwell Day said Wednesday the pact will let Canada sell India nuclear technology and uranium for civilian use. Day announced in January that government-owned Atomic Energy of Canada Ltd. signed a memorandum of understanding with India for next-generation nuclear reactors. The international community lifted a three-decade ban on nuclear trade with India last September even though India still refuses to sign the Nuclear Non-Proliferation Treaty. India reportedly wants to build 25 to 30 new reactors in the coming years.

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