Economic Calendar

Monday, September 8, 2008

Rudd to Retain Ban on Uranium Sales to India, Australian Says

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By Angela Macdonald-Smith

Sept. 8 (Bloomberg) -- Australia will retain a ban on uranium exports to India even after supplier nations decided to end a 34-year embargo on sales to the South Asian country, the Australian reported, citing Trade Minister Simon Crean.

The 45 states in the Nuclear Suppliers Group on Sept. 6 endorsed a waiver of its rules for India, which refuses to sign the nuclear Non-Proliferation Treaty, the newspaper said. Australia will continue to ban yellowcake sales to India as long as it refuses to sign the treaty, it said, citing Crean.

To contact the reporter on this story: Angela Macdonald-Smith in Sydney at amacdonaldsm@bloomberg.net


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