India and Argentina 18 February 2019 inked a Memorandum of Understanding to boost cooperation in the sector of nuclear energy. Jorge Faurie, Minister for Foreign Affairs, Argentina said his country has expertise in building small-capacity reactors and was looking to work with India in some third country in tripartite projects.
The countries also wished to enhance and explore cooperative ventures in the area of nuclear power and its societal uses in health, agriculture, industrial application, training, and capacity building. India and Argentina had signed an agreement in 2010 for cooperation in the peaceful uses of nuclear energy.
Argentine company INVAP is working on the Fission Molly Project to build a molybdenum plant in Mumbai. Mr. Faurie said the plant focuses on creating isotopes. During the talks between Prime Minister Narendra Modi and President Mauricio Macri, the two leaders expressed satisfaction at the on-going talks in the area of space.