Australia, which holds an estimated 40% of the world's uranium, already exports it to China, Japan, Taiwan and the US.
The country has not sold uranium to India in the past because it is not a signatory to the Nuclear Non-Proliferation Treaty.
Prime Minister Narendra Modi welcoming Tony Abbott, during a ceremonial reception at Rashtrapati Bhawan in New Delhi on Friday Sep 05,2014
India and Australia on Friday Sep 05,2014 signed the long-awaited civil nuclear agreement that will allow Australia to export uranium to India as well as three other agreements, including on water resources and in sports during Australian Prime Minister Tony Abbott visit to India.
The four agreements were inked as Prime Minister Narendra Modi held talks in New Delhi with his visiting Australian counterpart Tony Abbott.
The MoU on Cooperation in the Peaceful Uses of Nuclear Energy will promote cooperation in the peaceful uses of nuclear energy, and recognizes India's commitment and use of nuclear energy with a view to achieving sustainable development and strengthening energy security
The second MoU is on cooperation in sport, and the agreement is aimed to promote exchange of programmes, experience, skills, techniques and knowledge in the field of sports.
It will facilitate exchanges of sports personnel, coaches and officials as well as of training and technologies. It will develop preparation for competitions and broad cooperation in sports, the statement said.
The third MOU is on cooperation in the field of water resources management and will promote sharing of policy and technical experiences in water resources, particularly river basin management. It will encourage familiarisation of best practices and technologies developed by each side and for exchange of information and training. A Joint Working Group will coordinate the activities.
The two sides also inked an MoU on Cooperation in Technical Vocational Education and Training (TVET), which is aimed to promote exchange of information and policy ideas in TVET systems, joint implementation of collaborative projects and facilitating links between governments, industry organizations and TVET bodies.
A $5.6-million bronze Nataraja idol of the Sripuranthan temple and a $300,000 stone Shiva idol will be handed over to Prime Minister Narendra Modi by his Australian counterpart, Tony Abbott, on Friday. Both were stolen from Tamil Nadu and housed in Australian galleries.
Prime Minister Narendra Modi explains the story behind the Nataraja idol to his Australian counterpart Tony Abbott.
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