A ‘Milestone’ for Saskatchewan Uranium Exports to China
SASKATOON – An agreement signed Thursday in Beijing will help Canadian companies export more uranium to China, said Foreign Affairs Minister John Baird. The “supplementary protocol,” signed by Baird and Liu Tienan, head of China’s National Energy Administration, will expand a nuclear co-operation agreement that’s been in place since 1994.
“Canada is committed to building stronger trade and investment ties with China, our second-largest trading partner,” Baird said in a release. “Increased collaboration with China’s civil nuclear-energy market will give Canadian companies greater access to one of the world’s largest and fastest-expanding economies, creating new jobs, growth and long-term prosperity.”
The negotiations for the deal were completed during Prime Minister Stephen Harper’s trip to China in February.
Saskatchewan-based Cameco Corp. (TSX:CCO), one of the world’s biggest uranium miners, welcomed what it called a “key milestone.”
– Canadian Press