NEWS: India and Australia finalized the Administrative Arrangements for uranium exports under the Australia–India Nuclear Cooperation Agreement (2015).

ABOUT

• Enables commercial export of Australian uranium to India for peaceful purposes only under IAEA safeguards.
• Allows Australian mining companies and Indian firms to enter into uranium supply contracts.

KEY HIGHLIGHTS

• Supports India's expanding civil nuclear energy programme.
• Complements the SHANTI Act, 2025, enabling private sector participation in nuclear energy.
• Australia holds over 25% of the world's uranium reserves.
• India is not a signatory to the NPT, but received an NSG waiver (2008) for civil nuclear trade.

SIGNIFICANCE

• Strengthens India's energy security by diversifying energy sources.
• Ensures a reliable long-term uranium supply.

Deepens India–Australia strategic and energy cooperation