The State Department said the Agreement for Cooperation in Peaceful Uses of Nuclear Energy took effect on July 2.
“The Agreement will enhance our cooperation on clean energy and energy security and strengthen our long-term bilateral diplomatic and economic relationships,” the State Department said.
Civil nuclear cooperation agreements, also known as 123 Agreements, provide the legal framework for export of nuclear material, equipment and components from the US to another country.
The agreement provides a comprehensive framework for peaceful nuclear cooperation with the Philippines based on mutual commitment to nuclear non-proliferation.
Upon its entry into force, the 123 Agreement will permit the transfer of nuclear material, equipment (including reactors), components and information for nuclear research and civil nuclear energy production.
This agreement, the State Department said, builds on the nearly 80 years of peaceful nuclear cooperation and establishes a framework for continued US civil nuclear trade with the Philippines.
This story is from the July 10, 2024 edition of The Philippine Star.
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This story is from the July 10, 2024 edition of The Philippine Star.
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