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India to sign IAEA deal on Monday: diplomats
Vienna (AFP) Jan 30, 2009 India will next week sign an inspections agreement with the UN atomic watchdog as part of a deal lifting a 34-year-old embargo on nuclear trade with New Delhi, diplomatic sources said Friday. "The signing will take place on Monday at 2:30pm (1330 GMT)," said one source close to the International Atomic Energy Agency. The so-called safeguards agreement is a pre-condition for a US-led deal to allow nuclear nations to supply energy-hungry India with nuclear material and technology for civilian uses even though it refuses to sign the Nuclear Non-Proliferation Treaty (NPT). Nevertheless, the safeguards agreement with IAEA can only come into force once it has been ratified by New Delhi, the sources said. In September, the Nuclear Suppliers Group, which controls the export and sale of nuclear technology, agreed to make a special exemption for India, even though it refuses to sign the NPT, having developed atomic bombs in secret and conducted its first nuclear test in 1974. As one of the conditions for that waiver, New Delhi must open up 14 of its 22 declared civilian reactors to regular IAEA inspections by 2014. The United States wanted a special waiver so it can share civilian nuclear technology with New Delhi. Critics say the deal undermines international non-proliferation efforts and accuse the nuclear powers of pursuing commercial and political gains. Energy-hungry India, dependent on oil imports, is seeking to broaden its fuel sources to sustain its fast-growing economy. Nuclear power supplies around three percent of India's fuel needs but it aims to hike this to 25 percent by mid-century. Related Links Nuclear Power News - Nuclear Science, Nuclear Technology Powering The World in the 21st Century at Energy-Daily.com
Setbacks plague Finland's French-built reactor
Helsinki (AFP) Jan 30, 2009While France this week announced plans to build a second pressurised water nuclear reactor (EPR), the world's first next-generation EPR being built in Finland has been plagued by delays and cost overruns. |
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