Canada eases uranium investment rules for European companies

Oct 18 (Reuters) – Canada has agreed to waive for European companies a longstanding requirement that buyers take on a Canadian partner in uranium mines, a move that may spur greater investment in developing the country’s rich uranium reserves.

The move, part of the Canada-European Union free trade agreement announced on Friday, comes after intense lobbying from France-based Areva SA and Anglo-Australian Rio Tinto Plc for Canada to scrap the Cold War era policy.

http://www.reuters.com/article/2013/10/18/eu-canada-trade-uranium-idUSL1N0I80RS20131018

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