[wanabidii] Press Releases: International Atomic Energy Agency Approves Agreement to Establish Nuclear Fuel Bank

You are subscribed to Press Releases for U.S. Department of State. This information has recently been updated, and is now available. Press Releases: International Atomic Energy Agency Approves Agreement to Establish Nuclear Fuel Bank 06/12/2015 05:03 PM EDT International Atomic Energy Agency Approves Agreement to Establish Nuclear Fuel Bank Media Note Office of the Spokesperson Washington, DC June 12, 2015 One June 11, the Board of Governors of the International Atomic Energy Agency (IAEA) approved an agreement between the IAEA and Kazakhstan to establish a bank of low enriched uranium (LEU) in that country. When it is finally established, the LEU would be owned by the IAEA and the bank operated by Kazakhstan. The LEU would be made available to member states of the IAEA for peaceful nuclear reactor fuel if they could not obtain LEU on the global commercial market. The United States strongly supports this action of the Board of Governors. In his speech in Prague on April 5, 2009, President Obama called for the creation of an international fuel bank as part of a new framework for civil nuclear cooperation. Nuclear fuel supply assurance mechanisms, such as the IAEA LEU bank, make an important contribution to the ability of IAEA Member States to benefit from the peaceful uses of nuclear energy by providing assurance that they will be able to obtain nuclear fuel to operate their reactors. The LEU bank will also support our nuclear nonproliferation policies by reducing incentives for the spread of sensitive technologies to new countries. This undertaking further demonstrates Kazakhstan’s leadership in nonproliferation and nuclear security. For updates, follow ISN on Twitter, at @ISNAsstSecy For more information about ISN, please visit our website: http://www.state.gov/t/isn/. The Office of Website Management, Bureau of Public Affairs, manages this site as a portal for information from the U.S. State Department. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. Stay connected with the State Department:       External links found in this content or on Department of State websites that go to other non-Department websites should not be construed as an endorsement of the views or privacy policies contained therein.  Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your email address to log in. If you have questions or problems with the subscription service, please visit subscriberhelp.govdelivery.com. This service is provided to you at no charge by U.S. Department of State. This email was sent to wanabidii@googlegroups.com using GovDelivery, on behalf of: U.S. Department of State · 2201 C Street NW · Washington, DC 20520

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