Oz agrees for U-export to Russia, says it trust Moscow
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Oz agrees for U-export to Russia, says it trust Moscow

Last Updated: Sunday, March 21, 2010, 18:47
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Oz agrees for U-export to Russia, says it trust Moscow Sydney: Banking on Moscow signatory to Non-Proliferation Treaty, the Australian government has agreed to export uranium to Russia, in a belief that there will be no misuse of the nuclear fuel.

According to Prime Minister Kevin Rudd, uranium will be exported to Russia on the basis of the Intergovernmental agreement on cooperation in the use of nuclear energy for peaceful purposes, signed in 2007.

He stressed that Russia is a signatory to the Nuclear Non-Proliferation Treaty, which is a firm guarantee in itself.

Foreign Minister Stephen Smith said, in his turn, that after the signing of the agreement, the Australian authorities had conducted their own investigation in close cooperation with IAEA, and had come to the conclusion that Canberra could trust Russia.

Smith said, they regard Russia "as a stable market, as a country developing its nuclear power engineering".

Minister of Trade Simon Crean stressed that the authorities Down Under had enough time for making sure that the intentions of their Russian partners were really good, and for getting proper guarantees.

According to Crean, the treaty, which has not been ratified so far, says that uranium, to be delivered to Russia, could be used only for peaceful purposes in accordance with IAEA requirements and at the facilities, approved by Australian suppliers.

Australia holds the second place in the world by the amount of the uranium reserves after Canada (it accounts for 27 per cent of them). On the basis of the agreements signed, Australia exports nuclear fuel to the United States, Japan and China. (Itar-Tass)

PTI

First Published: Sunday, March 21, 2010, 18:47

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