US, Russia to promote nuclear energy co-op

World

The United States and Russia pledged on Tuesday to expand nuclear energy cooperation and make nuclear energy available to developing countries. 

“We are determined to play an active role in making the advantages of the peaceful use of nuclear energy available to a wide range of interested states, in particular developing countries, provided the common goal of prevention of proliferation of nuclear weapons is achieved,” the White House said in a joint statement. The statement was issued after US President George W. Bush's summit with Russian President Vladimir Putin at the Bush family compound in Maine on Sunday and Monday.

The United States and Russia will help secure financing, including through international institutions, for new nuclear plants and help states develop necessary regulations, safety standards and training programs, the statement said. While agreeing to help other states get the benefit of safe nuclear energy, the two countries also stressed to continue controlling the spread of technology that allows them to make the material needed for nuclear weapons. In addition, they also promised to develop solutions to deal with the management of spent fuel and radioactive waste. (xinhuanet.com)

ADVERTISEMENT

Industries lose billions on counterfeit products Analysis

Industries lose billions on counterfeit products

Parl't to vote on groundwork for commercial accommodation ra... Parliament

Parl't to vote on groundwork for commercial accommodation ra...

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest re-launches airport shuttle bus City

Budapest re-launches airport shuttle bus

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.