India has signed a long-term contract with Uzbekistan for supply of uranium ore concentrates to widen its source base for the nuclear fuel. The contract was exchanged in the presence of Prime Minister Narendra Modi and Uzbekistan President Shavkat Mirziyoyev, who were at the Vibrant Gujarat summit in Gandhinagar.
Uzbekistan is the seventh largest exporter of uranium in the world. The Exim Bank signed an agreement with Uzbekistan to extend a 200-million US dollar line of credit for financing housing and social infrastructure projects.
Source- AIR World Service
Static/Current Takeaways Important For IBPS Clerk Mains Exam:
- Uzbekistan Capital: Tashkent, Currency: Uzbekistani soʻm.