Diplomatist Magazine Diplomatist July 2018 | Page 59

AFRICA DIARY
regulatory context and might not always be easy, especially
in a joint venture with international partners.
The Way Forward
After analysing the legal and policy framework, the
opinions of national stakeholders and international best
practices, the challenges facing India and Namibia’s
furtherance of Uranium deals are addressable through a series
of concerted and proactive steps. In brief, these include:
For Namibia
• Modifi cation of Existing and Proposed Legislation of
The Minerals (Prospecting and Mining) Act of 1992
and The Proposed Parks and Wildlife Management Bill
• Increased Enforcement and Proper Implementation of
Current Laws
• Development and Practice of Improved Policy
For India
• Speeding up the processes to take off from the talks and
negotiations to hitting the ground.
• Carving out policies and frameworks suitable for
establishing joint ventures and technology transfer of
know-how for effi cient mining.
• Adopting a holistic stakeholder approach (Freeman,
2010) to chalk out international bilateral trade
agreements or treaties with African countries in general
and, more specifi cally, with Namibia.
However, over the past few years, India-Namibia bilateral
relations are witnessing a steady qualitative and quantitative
enhancement, and are poised for major intensifi cation in
the years to come. Even the pace of bilateral exchanges
between the two countries has signifi cantly increased with
visits of high-level dignitaries and national leaders in the
past few years, yet a lot of work is required at ground level
to bring these efforts to fruition and, no doubt, there are
going to be much-anticipated paraphernalia of these current
developments, which one needs to watch. 
References
• Cameco Corp, (2013a). Spot Price History. Available
at:http://www.cameco.com/investors/markets/uranium_price/
spot_price_complete_history/ [Accessed 15 March 2018]
• Cameco Corp, (2013b). Uranium 101. Markets.
Available at: http://www.cameco.com/uranium_101/markets/
[Accessed 15 March 2018]
• Conde. M., &Kallis. G., (2012). The global uranium rush
and its Africa frontier. Effects, reactions and social movements
in Namibia, Global Environmental Change, 22, 596-610.
• ET, (2010). The Economic Times Sep 6, 2010.
• Freeman R.E., (2010). Strategic Management: A
Stakeholder Approach. Cambridge University Press.
• Hecht G., (2012). Being Nuclear: Africans and the
Global Uranium Trade. MIT Press.
• OECD (2012). Organisation for Economic Co-operation
and Development, International Atomic Energy Agency,
Uranium 2011: Resources, Production and Demand. OECD
Publishing.
• PTI, (2016). Press Trust of India, June 16, 2016
• World Nuclear Association (2012). What is Uranium?
How does it work? Available at: http://www.worldnuclear.
org/info/Nuclear-Fuel-Cycle/Introduction/What-is-Uranium-
-How-Does-it-Work- [Accessed 15 March 2018].
* The author is Research Focused Professor, Namibia
University of Science and Technology, Namibia
Extraordinary and Plenipotentiary Diplomatist • Vol 6 • Issue 7 • July 2018, Noida • 59