Canada and India sign major uranium supply deal during diplomatic visit

Canada and India have signed a long-term uranium supply deal worth about $1.9 billion. The agreement was finalized during a visit by Canada's Trade Minister, Mary Ng, to India, where she met with Prime Minister Narendra Modi.

The deal involves the Canadian uranium producer Cameco supplying fuel to India's nuclear power plants. Both countries also announced they aim to finalize a broader trade agreement by the end of this year, signaling a reset in their economic relationship.