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By IBTimes Staff Reporter | February 25, 2013 12:56 AM PST

Stewart Beck, Canadian high commissioner in India, has said that Prime Minister Stephen Harper's government is keen on supplying high quality uranium to India once procedural formalities are completed.

As India launched two Canadian satellites Monday to nurture the defense and space partnership programs, Canada expressed its willingness to ship oil and gas to India to deepen the mutual relationship between the two countries.

"We will soon sign the agreement for supplies of uranium," IANS news agency quoted the Canadian envoy as saying.

Expressing Canada's interest, the Canadian High Commissioner said that the deal depended on India's approval.

"It depends on the DAE (India's Department of Atomic Energy). Canadian uranium is of high quality," said Stewart Beck.

India Monday launched two Canadian satellites including Near-Earth Object Surveillance Satellite (NEOSSat), the first ever spacecraft specifically designed to track large asteroids and monitor space junk in the solar system.

Harper met with his Indian counterpart, Manmohan Singh, last November and the two leaders declared to start the implementations of Nuclear Cooperation Agreement (NCA) between the two countries that was signed in 2010.

Referring to the formal procedures in the uranium deal, Simon Cridland, counselor and head of advocacy program at the Canadian High Commission said, "We hope to be in a position to sign it soon."

"The administrative arrangement for nuclear cooperation concluded last November. The agreement has to be signed. The agreement has to be in three languages -- English, French and Hindi. We hope to be in a position to sign it soon," IANS news agency quoted Cridland as saying.

Simon Cridland also hinted that the oil and gas deal might be at a discounted price.

"The oil and gas reserves are majorly in the Alberta region in Canada which is landlocked. There could be potential for Canada to take this oil and gas to its East Coast and then to India. Currently, our supplies to the US are at a discount as it is difficult to ship the two energy resources to other countries," said Simon Cridland.

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