India, Uzbekistan Target Long Term Uranium Pact, Set Annual Trade Target of $5 Billion The recent visit by Indian Prime Minister Narendra Modi to Tashkent, Uzbekistan has marked a significant milestone in the bilateral relations between the two nations.
The upgraded partnership between India and Uzbekistan sets an ambitious annual trade target of $5 billion and underscores the growing importance of cooperation in critical sectors such as uranium supply.
Uzbekistan's status as a major regional producer and exporter makes its agreement to provide long term uranium supply particularly noteworthy.