Indian Prime Minister Narendra Modi meets with Canadian Prime Minister Stephen Harper.

After years of ignoring India for their false usage of Canadian technology a new deal was signed in Ottawa. The government decided to leave behind their disputes related to India’s usage of Canadian uranium for nuclear bomb development and proceeded in a new, better future.

The new uranium deal will help India’s growing nuclear power plant industry and guarantee they can produce enough electric energy for the major part of their population.

The deal was sealed by prime ministers of both countries with the deal being worth 283 million US dollars. For this sum of money Canada will deliver 7.1 million tons of uranium to India over the next five years.

This was the first official visit of India to Canada since Indira Gandhi was there 42 years ago. The prime minister of India, Norendra Modi, said that this is not just a great business start, but also a great political step for the two countries.

Stephen Harper, Canada’s Prime minister said it was time they ended the frosty relationship with India. The nuclear cooperation agreement was actually signed three years ago by their predecessors and obliged India to use the Canadian uranium exclusively for peaceful causes.

The main reason why this agreement waited so long for its ratification is that Canada urged India to provide a guarantee of some kind that their uranium won’t be used for nothing else but nuclear power plants. In the end it was settled that both countries will have their representatives in the panel that will control distribution and usage of the uranium.

The uranium that will be distributed will come from Saskatchewan mines, the third largest uranium producer in the world. Canada accrues 1 billion Canadian dollars yearly from uranium exploitation from Saskatchewan.

India was under a global embargo for their nuclear arms program since the 1970’s when they first started developing this technology. In 2008, backed by the United States, India won an exemption from Nuclear Suppliers Group which governs distribution of reactors and fuel from abroad. India gained this without having to sign a non-proliferation treaty.

Right now India is operating 21 nuclear reactors which produce 6000 megawatts which can serve around three percent of its population. Six new reactors are under construction and should be finished by 2017, but India’s plan is to increase their nuclear power production up to 45000 megawatts by 2032.

Prime minister Modi was on tour around the world making deals and signing new business agreements for weeks. Before his visit to Canada he had already made a deal with France for 36 fighter jets in a multi billion euro contract. His plan is to attract investors and regain trust in India hoping his strong policy will change his country drastically.