The decision to sell uranium to Russia has been welcomed by the Federal Opposition, which started the process in 2007 when it was in power.

However, Federal Liberal Member for Kalgoorlie, Barry Hasse, says it's further evidence that India should be considered as a suitable market for our yellowcake.

Mr Hasse says the safeguards promised by Russia are exactly the same as those India plans to put in place.

"We're very happy that a trade relationship for minerals is developing with Russia and we felt the same about India, but when the Labor government came in, they wouldn't contemplate selling uranium to India," he says.

"There is very little difference (between the two countries) in fact, although India is not a signatory to the nuclear non-proliferation treaty .

"But there's very little difference in the cheques and balances in place in a practical way."

However, Mr Hasse says supplying Russia with uranium is positive not only for Australia's growing uranium industry, but for the reduction of global greenhouse gas emissions.