Issue discussed during President Pranab Mukherjee visit to Namibia:
What constrains Namibia from selling Uranium to India?
Namibia, the world’s fourth largest uranium producer, signed an agreement with India in 2009 for uranium supply. However, as a member of the African Nuclear Weapon-Free Zone Treaty (ANWFZT), it is barred from trading in uranium with India, which is not a member of the Treaty on the Non-Proliferation of Nuclear Weapons, aka the Non-Proliferation Treaty (NPT).
The ANWFZT also known as the Treaty of Pelindaba (named after South Africa’s main Nuclear Research Centre, run by The South African Nuclear Energy Corporation and was the location where South Africa’s atomic bombs of the 1970s were developed, constructed and subsequently stored), establishes a Nuclear-Weapon-Free Zone in Africa.
Namibian views of India
The Namibian President lauded what he termed India’s commitment to the peaceful use of nuclear energy. “We will look into legal ways for our uranium to be used by India,” he said.
So far, India has signed civil nuclear cooperation agreements with 12 countries, including the United States, Russia, Korea and Japan.India was also given option of investing in uranium mining in Namibia.The uranium prices have dropped dramatically over the last five years.