uranium Current Affairs - 2019
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Indian Prime Minister Narendra Modi and Uzbek President Shavkat Mirziyoyev held a bilateral meeting on the sidelines of the Vibrant Gujarat Global Summit 2019.
Important Outcomes of the Bilateral Meet
- An agreement for importing uranium from Uzbekistan was signed.
- An agreement for a line of credit of $200 million from India for financing housing and social infrastructure projects in Uzbekistan.
The agreement for the supply of Uranium was signed between the Department of Atomic Energy of India and the Novoi Minerals and Metallurgical Company of the Republic of Uzbekistan on the long-term supply of uranium ore concentrate for India’s energy requirements.
The bilateral meet also expressed satisfaction over the memorandum of understanding (MoU) on cooperation between Gujarat and the Andijan region of Uzbekistan signed during the state visit of President Mirziyoyev to India in 2018.
Trade relations between India and Uzbekistan
India’s major exports to Uzbekistan include Pharmaceutical products, mechanical equipment, vehicles, services, optical instruments and equipment.
India imports include fruit and vegetable products, services, fertilisers, juice products, extracts and lubricants from the Central Asian nation.
An Uzbek-Indian Free Pharmaceutical Zone is being developed in the Andijan region, which is on the southeastern side of Uzbekistan, near its border with Kyrgyzstan to attract investments in the pharmaceutical sector.
During the Bilateral meet, India thanked Uzbekistan for the support in organising the first-ever India-Central Asia Dialogue held at the level of foreign ministers in Samarkand, Uzbekistan.
The Department of Atomic Energy (DAE) has planned to develop large deposits of uranium found in Meghalaya to tap its potential to generate substantial nuclear fuel for atomic power plants in the country.
It was announced by Jitendra Singh, Union Minister of State (MoS) in the Prime Minister’s Office (PMO), which looks after DAE, in a written response to a question in the Lok Sabha.
- Uranium mineralization has been found over a large area around Domiasiat, Lostoin, Wahkyn etc in the northeastern state of
- DAE’s Uranium Corporation of India Ltd. (UCIL) already has made a plan to develop the uranium resources at Domiasiat under the name of Kylleng Phendengsohiong Mawthabah (KPM) Uranium Mining Project.
- Earlier, Atomic Energy Commission (AEC) also had approved the Detailed Project Report of the KPM Uranium Mining Project. It also had received environmental clearance from Environment Ministry in December 2007.
About Uranium Corporation of India (UCIL)
UCIL is a centrally owned Public Sector Undertaking (PSU), under the Department of Atomic Energy for uranium mining and uranium processing. It was founded in 1967 and is responsible for the mining and milling of uranium ore in India. At present, the UCIL has uranium mining projects are in Jadugora, Bhatin, Narwapahar, Turamdih and Banduhurang[ in Jharkhand and Andhra Pradesh respectively.