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Uzbekistan agrees with United States on uranium supply: Minister
Central Asia | business | 13:22, 28 September 2017 | 1557

AKIPRESS.COM - Uzbekistan has singed a contract with the United States for the supply of uranium within 7 years, Minister for Foreign Trade of Uzbekistan Elyor Ganiev said on September 27.

The contract sum is more than $300 million, according to FM.

He said that the contract was signed with the Nukem company, a wholly-owned subsidiary of Cameco Corporation based in the United States.

"The contract is a long-term. It is very important and essential. It is not a one-time contract and designed for seven years. The total value of the contract exceeds $ 300 million. As for the prices, there are relevant rates, and we will work according to these rates. At the same time, we can say that the agreement is signed on very favourable terms, much more profitable than signed by some countries that supply uranium concentrate," Ganiev said.

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