GLOBAL NUCLEAR FUEL BANK SET FOR LAUNCH
May 1st, 2008
BY KEITH NUTHALL
A GLOBAL initiative is to be launched allowing developing countries to acquire nuclear power, without the concerns associated with proliferation and security that have followed the use of this technology in North Korea, Pakistan, Iran and elsewhere. Kuwait has become the latest country to back a proposed multinational nuclear fuel bank under International Atomic Energy Agency (IAEA) management, with the emirate offering US$10 million. This pledge means that the international financial target to establish a global low enriched uranium fuel bank ...
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