India and Australia are expected to finalize a landmark uranium supply agreement during Prime Minister Narendra Modi’s visit to Australia this week, marking a significant step in strengthening bilateral energy and strategic ties.
The proposed commercial agreement would support India’s expanding nuclear power programme by ensuring a stable supply of uranium fuel from Australia, which holds nearly one-third of the world’s known uranium reserves. The deal builds on the India-Australia Civil Nuclear Cooperation Agreement signed in 2014 and is aimed at meeting India’s growing clean energy and electricity demands.
Beyond nuclear energy, the two countries are expected to deepen cooperation in defence, maritime security, critical minerals, cybersecurity, and emerging technologies. Officials are also working to upgrade the 2009 Joint Declaration on Defence and Security Cooperation and finalize a Maritime Security Collaboration Roadmap to strengthen Indo-Pacific security cooperation.
Prime Minister Modi is also scheduled to participate in the India-Australia CEOs Forum, where business leaders from both countries are expected to discuss new investment opportunities in manufacturing, clean energy, artificial intelligence, and advanced technologies.
The uranium pact is expected to be one of the centrepiece outcomes of the visit, reflecting the growing strategic partnership between New Delhi and Canberra as both nations seek to enhance energy security, diversify critical supply chains, and expand cooperation across the Indo-Pacific region.
