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Canada, Kazakhstan ink nuclear cooperation deal

Canada has signed a Nuclear Cooperation Agreement with Kazakhstan, Foreign Affairs Minister John Baird announced last week.

“The signing of the Nuclear Cooperation Agreement demonstrates growing bilateral relations between Canada and Kazakhstan, and marks our shared commitment to expanding cooperation in the nuclear sector in a safe and secure manner,” said Baird.

Canada exports roughly $1 billion of uranium every year and its nuclear industry produces over $5 billion worth of electricity. Canada is no. 2 globally in annual uranium output.

“This agreement will provide an opportunity for our countries to work together,” said resources minister Joe Oliver.

“It will provide access for members of Canada’s nuclear industry to Kazakhstan’s expanding nuclear market and facilitate the exploration of joint commercial ventures and research and development.”

Read the full government release here.