AV 25th April 2015

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General Election 2015

First & Foremost Asian Weekly in Europe

Highest earning Global Indian Film stars

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Obama pens Modi's profile for Time magazine See Page 23

VOL 43. ISSUE 49

Let noble thoughts come to us from every side

80p

25th April to 1st May 2015

First Asian woman to receive the Queen’s Award for Enterprise Promotion The Canadian government unveiled a C$350 million ($280 million) deal to supply uranium fuel to India, formally ending a lengthy dispute that began after New Delhi used Canadian technology to develop a nuclear bomb. Canadian producer Cameco Corp will supply 7.1 million pounds (3.22 million kilos) of uranium concentrate to India over the next five years. The deal is Cameco's first with India, which the firm called the second fastest growing market for nuclear fuel. "Canada is providing uranium to India as a mark of its trust and confidence in India," Indian Prime Minister Narendra Modi told a news conference during the official visit. Canada banned exports of uranium and nuclear hardware to India in the 1970s after New Delhi used Canadian technology to develop a nuclear bomb. The two countries started to put the dispute behind them with a cooperation deal in 2013 that let Canadian firms export controlled nuclear materials and equipment subject to safeguards applied by the International Atomic Energy Agency. "(That agreement) really allowed us to turn the page on what had been in our judgment an unnecessarily frosty relationship for far too long," Canadian Prime Minister Stephen Harper told the news conference.

Narendra Modi with Stephen Harper at Parliament Hill, in Ottawa, Canada Modi has made nuclear power a key element of his clean energy strategy. India needs foreign nuclear technology and fuel to ramp up capacity by a planned 14 times from 4,560 megawatts over the next two decades. The two prime ministers also said they wanted to boost bilateral trade, which currently sits at a modest C$6.3 billion a year, and revive stalled talks on a free trade agreement. "It (trade) is not where we want it to be but it is growing," said Harper. Modi arrived in Canada on April 14 for the first bilateral visit by an Indian prime minister in 42 years. India, Canada to expand bilateral cooperation In the joint statement released by Modi and

Harper, the two leaders stated that they have agreed to take concrete measures to expand bilateral cooperation in key areas including the economy, trade and investment, civil nuclear cooperation, energy, education and skills development, agriculture, defence and security, science, technology, innovation and space, culture, people-to-people ties, and regional and global issues. The two leaders also noted the historic significance of Modi's visit to Canada in advancing bilateral ties to a new level and agreed to elevate their bilateral relations to a strategic partnership. The joint statement further said that Prime Minister Modi has commended Prime Minister Harper for his leadership in renewing

the momentum of the bilateral relationship through his visits to India Continued on page 26

Digital Entrepreneur and STEM evangelist, Lopa Patel MBE, has been announced as one of the latest recipients of the Queen’s Award for Enterprise Promotion, becoming the first Asian woman to receive the award. “It is a huge honour to receive the Queen’s Award for Enterprise Promotion,” says Lopa Patel. “I am particularly proud to have become the first Asian woman to receive this award. Encouraging diversity and entrepreneurship in the world of business is something about which I am extremely passionate. It is my hope that this accolade will provide me with a platform to continue advocating diversity in business, as well as greater innovation of technological skills in industry”.

Lopa Patel MBE

The Queen’s Award for Enterprise Promotion was formed in 2004 and looks to recognise individual people who have played an important role in promoting enterprise skills and supporting

Continued on page 8

Rahul accuses Modi of snatching poor man's land After coming back from his sabbatical, Congress Vice President Rahul Gandhi on Sunday accused the government of Prime Minister Narendra Modi of being anti-poor and anti-farmer. Giving enough indications that the fight against the Land Acquisition Ordinance and the proposed Bill will be aggressive and long drawn, Rahul tore into Modi's claims accusing him of working for the Continued on page 26

Rahul Gandhi


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AV 25th April 2015 by Asian Business Publications Ltd - Issuu