Namibia to sell uranium to India

Jun 20, 2016 12:00 AM

NAMIBIA is looking into legal ways of selling uranium to India for the peaceful use of nuclear energy technology, President Hage Geingob has said.

Speaking during Thursday evening's state banquet in honour of Indian president Pranab Mukherjee and his 73-member delegation, he said "I wish to reiterate our desire to working with you towards the deepening of our relations and forging ahead in achieving our shared destiny."

Namibia, one of the largest uranium producers in the world, and India signed an agreement in 2009 regarding the supply of uranium for nuclear energy.

Mukherjee said the long-standing friendship and cooperation between India and Namibia is based on the firm foundation of mutual trust and understanding.

"Our two nations, though separated by the Indian Ocean, are united by our common experience of colonial rule and struggle for freedom."

Mukherjee noted that India believes that her own independence in 1947 remained incomplete as long as her brethren in Africa continued being oppressed by foreign masters.

He pledged his country's support to Namibia in the successful implementation of the Harambee Prosperity Plan's socio-economic objectives.

The developmental plan, with outlined planned activities for the next four years, was launched by Geingob earlier this year.

One of the outlined activities is to reduce poverty and inequality.

On his part, Geingob said Mukherjee's visit to Namibia shows another unique opportunity to consolidate their partnership and forge stronger ties for the mutual benefit of their people.

He noted that the two countries have made significant progress in various sectors such as science and technology, culture, defence, health and agriculture.

The head of state stressed that Namibia declared all-out war on poverty, and subsequently outlined concrete plans and activities in the HPP to drive the nation towards shared prosperity.

"I have often said that democracy, buttressed by good constitutions, peace and stability are laudable achievements, but the people do not eat these things."

Geingob noted that most people in Namibia are looking for access to basic amenities, food, clothing and shelter, education and employment.

He pointed out that social grants and other forms of government support to the most vulnerable are some of the most important elements in the fight against poverty.

Geingob further said that a more sustainable solution to poverty eradication is the pursuit of economic policies which will translate into a higher, shared and sustained growth of the economy.

He also pointed out that it has been proved that fair trade, south-south investment and exchanges of technology are some of the most effective ways of stimulating sustained growth.

Geingob then expressed happiness that the two nations have placed a special focus on increasing cooperation in trade and inventiveness, while Namibia could be the gateway for Indian companies into Africa and South America.

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