Updated  
February, 26 2014 09:33:00

US President approves civilian nuclear deal with Viet Nam

Viet Nam committed not to enrich or reprocess uranium, key steps in the manufacture of nuclear weapons, in the deal signed on the sidelines of an East Asia summit in Brunei in October.

HA NOI (VNS) — US President Barack Obama approved a civilian nuclear pact with Viet Nam on Monday, paving the way for the sale of US reactors, fuel and nuclear technology to the Southeast Asian country.

The move formally opened a 90-day review process in Congress. If no legislation is passed contravening the accord, it will then come into force.

Under the memorandum to the US Energy Department, the US President affirmed that the agreement would boost co-operation between the two nations and "will not constitute an unreasonable risk to the common defense and security."

Viet Nam committed not to enrich or reprocess uranium, key steps in the manufacture of nuclear weapons, in the deal signed on the sidelines of an East Asia summit in Brunei in October.

Viet Nam also agreed to rely on the international market for its nuclear fuel supply rather than enrich uranium or reprocess plutonium itself.

Viet Nam's market for nuclear power — already the second largest in East Asia after China — is expected to grow to $50 billion by 2030.

Viet Nam faces energy shortages and is pursuing nuclear energy, officials have said, with a plan that calls for the first nuclear power plant to be in commercial operation by 2020. — VNS

Send Us Your Comments:
Name:
Your E-mail address:
Title:
 

VietNamNews may edit your comments and not all emails will be published.

Highlight

Russia economic gloom hurts tourism Russia economic gloom hurts tourism

The number of Russian tourists arriving in Viet Nam is expected to decline at the beginning of 2015, due to the devaluation of the ruble in Russia.

PM calls for police to remain vigilant 1    PM calls for police to remain vigilant

Prime Minister Nguyen Tan Dung yesterday urged police nationwide to step up vigilance next year against the nefarious designs of hostile and criminal forces.

New detox policy sees theft decline 1    New detox policy sees theft decline

HCM City has seen a slight decrease in the number of thefts, robberies and drug sales two weeks after deciding to send drug addicts without a stable residence to two local centres, according to local police.

New sitcom draws teen viewers New sitcom draws teen viewers

5S Online, a popular new sitcom aimed at teenagers, demonstrates that the sitcom genre is catching on in Viet Nam.

Viet Nam faces forestry restructuring hurdles Viet Nam faces forestry restructuring hurdles

Viet Nam needs to tackle several major challenges in order to restructure its forestry sector, said Nguyen Xuan Quat, a professor at the Research Institute for Sustainable Forest Management and Forest Certification.