India and Australia Finalise Administrative Arrangements for Uranium Export

Key facts

• India and Australia finalised administrative arrangements to enable the export of Australian uranium to India for exclusively peaceful purposes.
• The uranium export will be conducted under International Atomic Energy Agency (IAEA) safeguards as provided for under the Australia-India Nuclear Cooperation Agreement (2015).
• Bilateral energy trade and investment will be advanced through the Economic Cooperation and Trade Agreement (ECTA) and ongoing negotiations for a Comprehensive Economic Cooperation Agreement (CECA).
• Australia is a key supplier of liquefied natural gas to India, while India is an important supplier of liquid fuels and downstream petroleum products to Australia.
• The two nations agreed to enhance maritime cooperation through a Maritime Security Collaboration Roadmap and expand cooperation with the United States and Japan for the Indo-Pacific region.