Sunday, 22 July 2012

Sask. to benefit with Canada-China uranium export agreement

Sask. to benefit with Canada-China uranium export agreement: ...great news for SK, more jobs, more prosperity: "The signature of Canada’s Foreign Affairs Minister has put the Canada-China Nuclear Cooperation Agreement into force, meaning good things for Canada’s uranium exporters and even better things for producers in Saskatchewan.
The agreement expands a 1994 pact on nuclear cooperation and has been in the works for more than a year.
In January, the prime minister completed negotiations on the protocol during a visit to China. Foreign Affairs Minister, John Baird, penned his name to the supplementary protocol in Beijing this week.
Canadian exports for uranium currently generate about a million dollars a year with the majority of those exports coming from Saskatchewan.
Baird said the potential with the new agreement will see that figure rise significantly.
“It will definitely be in the billions of dollars in years to come and most of that benefit will be to the people of Saskatchewan,” said Baird.
Baird said this agreement has been a huge priority for the government as uranium mining giant Cameco already has contracts with Chinese electricity generation companies."
The story on CBC:
And this is from SK gvnt: 

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