nuclear-news

Civil nuclear agreement between India and the United Arab Emirates (UAE) not happening

India, UAE civil nuclear deal talks remain inconclusive, THE HINDU, NAYANIMA BASU NEW DELHI, FEBRUARY 12:  

A civil nuclear cooperation agreement between India and the United Arab Emirates (UAE), which was widely expected to be inked during the visit of Abu Dhabi Crown Prince and Deputy Supreme Commander of the UAE Armed Forces Mohamed Bin Zayed Al Nahyan, could not be concluded even as both the sides agreed to continue the talks.

Both the governments did initiate the discussions to have a deal on civil nuclear cooperation, but the talks did not come to a “meaningful conclusion”, officials told BusinessLine.

The officials said both parties failed to agree on certain “technical aspects” and as a result both have sought some “more time” before announcing it……. Both sides also differed on the quantum of investments that the UAE intends to make from its sovereign wealth funds …. http://www.thehindubusinessline.com/economy/policy/india-uae-civil-nuclear-deal-talks-remain-inconclusive/article8229411.ece

February 13, 2016 - Posted by Christina Macpherson | general