By: Musavir Hameed Barech
At the sidelines of the G20 Summit held in late November 2025 in Johannesburg, South Africa, the Prime Ministers of Canada and India agreed to enhance bilateral relations amid recent years of tense exchanges. Both leaders found consensus on a new uranium export deal worth 2.8 billion dollars, restarting a previous deal that ended in 2020. Under the terms of the new uranium export deal, the Canadian Cameco Corporation will deliver 100 million pounds of uranium to India over a 10-year period—twice as long as the previous agreement. Although this uranium deal is expected to assist India in meeting its objectives of achieving clean energy, it comes at a time when diplomatic tensions are still strained between the two countries, suggesting economic benefits once again outweigh political strife.
