India, Argentina Sign MoU for Co-Operation in Nuclear Energy
During the visit of Argentine President Mauricio Macri, Argentina has signed a Memorandum of Understanding (MoU) to boost cooperation in the sector of nuclear energy. The MoU signed was signed between the Department of Atomic Energy, India and National Atomic Energy Commission, Argentina.
Features of the MoU
- Argentina has expertise in building small-capacity reactors and it is looking to work with India in some third country in tripartite projects.
- The MoU for cooperation within the framework of Global Center for Nuclear Energy Partnership would bolster institutional linkages in civil nuclear research, development and capacity building.
- The MoU will aid in enhancing and exploring cooperative ventures in the area of nuclear power and its societal uses in health, agriculture, industrial application, training and capacity building.
Nuclear Ties between India and Argentina
In the year 2010 India and Argentina had signed an agreement for cooperation in the peaceful uses of nuclear energy.
INVAP which is an Argentinean Company is working on the Fission Molly Project to build a molybdenum plant in Mumbai. The plant would primarily focus on creating isotopes. Argentina is also an exporter of some nuclear components used in Indian power reactors.
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Month: Current Affairs - February, 2019