what's happening, page-5

From the ABC today...

The head of Canadian uranium miner Cameco says a bilateral nuclear agreement with India will be key to building Australia's uranium industry.

Cameco does not yet produce uranium in Australia, but it owns a joint venture project to build a mine in the Pilbara region of Western Australia.

Cameco Australia managing director Brian Reilly has told Radio National that he believes Australia will be one of the world's top uranium producers.

"India represents a large market opportunity for any uranium fuel supplier, including Canada," he said.

"The main driver in our market, no surprise, is the demand coming from China, however India announced a program for construction of new nuclear power plants second only to China in its scale."

Since the ban on uranium sales to India was lifted last year, work has been under way to develop a safeguards treaty and put in place legislation that would enable sales to begin.

Ms Gillard is set to meet Mr Singh and Congress Party head Sonia Gandhi later in the week.