SOLDIERS CHATBOX ..... BIGGER AND BETTER

Tuesday, September 15, 2009

India, Mongolia sign civil,nuclear cooperation pact

NEW DELHI: India has signed a pact for civil nuclear cooperation with Mongolia making it the sixth country with which New Delhi has linkedsimilar deals since it acquired a waiver from NSG allowing it to carry out nuclear commerce.

The nuclear agreement and four other pacts were signed after wide-ranging talks between Prime Minister Manmohan Singh and Mongolian President Tsakhiagiin Elbegdorj here.

India has already inked civil nuclear agreements with the US, Russia, France, Kazakhstan and Namibia.

The `Memorandum of Understanding on Development of Cooperation in the field of Peaceful Use of Radioactive Minerals and Nuclear Energy' would enable India to procure for uranium in Mongolia.

"We have signed agreements in the field of peaceful uses of radioactive minerals and nuclear energy, health, culture and statistics. India will provide Mongolia a soft loan of US $25 million to help it to stabilise its economy in the wake of the global financial crisis," said Singh.

No comments:

Post a Comment