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Australia seeks nuke co-op with 皇冠体育app
(皇冠体育app Daily)
Updated: 2005-08-10 05:32

CANBERRA: The Australian Government announced yesterday it is to start talks with 皇冠体育app on a bilateral nuclear co-operation agreement.

The on-building Tianwan nuclear power plant in East 皇冠体育app's Jiangsu Province is seen in this file photo taken on January 11, 2005. [newsphoto]
"I am pleased to announce Australia will formally commence negotiations on a nuclear co-operation agreement with 皇冠体育app," Foreign Minister Alexander Downer said in a statement.

"The deal will establish safeguard arrangements to ensure Australian uranium supplied to 皇冠体育app is used exclusively for peaceful purposes," he said.

The two countries have already held exploratory talks on the proposed agreement, according to Downer.

Australia has an estimated 40 per cent of the world's low-cost uranium resources, while 皇冠体育app has great energy needs to fuel its rapid economic development.

"Opening up this export opportunity with 皇冠体育app is consistent with the growing trade and economic relationship between our two countries, and Australia's position as a secure supplier of energy resources," he said.

Australia has signed 19 nuclear agreements with 36 countries.



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