Obama approves Vietnam nuclear deal

2014-02-25 10:01
(File)

(File) (http://www.shutterstock.com)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

kalahari.com

  • The Amateur
    A gripping read that reveals never before published details about the Obama administration's... Now R321.00
    buy now
Washington - President Barack Obama on Monday approved a civilian nuclear pact with Vietnam which could lead to the sale of US reactors to Washington's energy-hungry former war foe.

The move by the president 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 accord, US officials said, Vietnam committed not to produce radioactive ingredients for nuclear weapons and signed up to US non-proliferation standards, which the White House bills as the strongest in the world.

"I have determined that the performance of the agreement will promote, and will not constitute an unreasonable risk to, the common defence and security," Obama said in a memorandum to the Energy Department.

Vietnam agreed 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.

It also pledged to seek components for its fuel cycle on the open, international market.

Vietnam's market for nuclear power - already the second largest in East Asia after China - is expected to grow to $50bn by 2030.

Vietnam 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.

It wants nuclear energy to provide more than 10% of its total power generation needs by 2030.

The communist-ruled nation already has a nuclear co-operation agreement with Russia.

Despite Hanoi's determination to pursue nuclear power, there has been domestic opposition with many voicing fears that the locations selected for the plants make them vulnerable to earthquakes or tsunamis.

Read more on:    barack obama  |  vietnam  |  us  |  nuclear
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
1 comment
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/Music

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Magical Massinga

Spend 5 nights at the gorgeous Massinga Beach Lodge in Mozambique and only pay for 4 from R13 220 per person sharing. Includes return flights, accommodation, transfers and romantic turndown. Book now!

Kalahari.com - shop online today

Up to 40% off fashion accessories

Save up to 40% on selected handbags, purses, watches, jewellery and more. Offer valid while stocks last. Shop now!

Save up to R2000 on top electronics

Get every day mind bowing savings on top electronics. Offer valid while stocks last. Shop now!

As seen on TV - New book releases at only R199 each

Get mind blowing book savings on new titles. Offer valid while stocks last. Shop now!

Save up to 50% on Women’s month treats!

Celebrate the awesome women in your life with awesome treats like beauty products, fashion accessories, bestselling books, electronics and more. Offer valid while stocks last. Shop now!

Up to 60% off - clearance sale!

Save up to 60% on appliances, books, electronics, toys, movies and more. Offer valid while stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

The quest for understanding has reached a new intense emotional level. The more tempestuous your emotions are, the bigger the...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.