Following the agreement, Canadian companies will be able to export and import controlled nuclear technology and equipment to and from India. Canada is now expected to cooperate India in building nuclear plants and related facilities.
Stephen Harper, the prime minister of Canada, said: “Increased collaboration with India’s civilian nuclear energy market will allow Canadian companies to benefit from greater access to one of the world’s largest and fastest expanding economies.
“We will be seeking a little bit of time to complete the normal legal text and the ratification process. But this is a tremendous economies step forward and tremendous step forward in our relationship.”
Canada is said to be the eighth country to have reached a civil nuclear deal with India since the 45-nation Nuclear Suppliers Group (NSG) lifted a 34-year-old ban on New Delhi to join international nuclear trade last year. The US, France, Russia, Mongolia, Kazakhstan, Argentina and Namibia are the other nations with which India has already inked civil nuclear deal.
