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Singh, Julia to discuss uranium sale issue in Bali

Press Trust of India
Nov 19, 2011 at 12:09pm IST

Bali: Australian Prime Minister Julia Gillard on Saturday made it clear that she would take forward her proposal to lift ban on uranium sale to India as she met Prime Minister Manmohan Singh in Bali.

Singh and Julia, who are in Bali to attend the ASEAN and East Asia Summits, had a 'pull-aside' meeting during which the issue figured.

"I am taking the change of policy to my party conference in December," the Australian Prime Minister told reporters after the meeting.

Bali: Singh, Julia to discuss uranium sale issue

Uranium currently contributes over $750 million to the Australian economy.

Giving indications of overturning Australia's long-held position, Gillard on November 15 had said, "The (ruling) Labor Party's current platform prevents us from selling uranium to India, because it (New Delhi) is not part of the Nuclear Non-Proliferation Treaty. I believe the time has come for the Labor Party to change this position."

She gave three reasons for her decision. Firstly, exporting uranium to India would be good for the Australian economy and help create jobs. Uranium currently contributes over 750 million Australian dollars to the Australian economy.

Secondly, she said. "Australia faces a unique set of opportunities in this - the Asian century, where we live in the right region of the world which will see strong economic growth and India as a rising giant will be part of that strong economic growth, so put simply, our best possible partnership

with India is also good for Australian jobs."

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