Saudi Arabia and U.S. set to formalize civil nuclear agreement

Author:

The United States and Saudi Arabia are preparing to sign a preliminary agreement for civil nuclear collaboration. A senior Saudi diplomat in Pakistan confirmed this news, citing U.S. Energy Secretary Chris Wright’s statement. This partnership aims to support Saudi Arabia in developing its civil nuclear industry.

In a tweet, Saudi Press Attache Dr. Naif Al-Otaibi referenced Wright’s announcement. He stated that both countries would soon formalize an investment agreement focused on energy and civil nuclear technology. Wright discussed this collaboration after a meeting with Saudi Energy Minister Prince Abdulaziz bin Salman in Riyadh.

During his visit, Wright indicated that a detailed memorandum regarding the energy partnership would be shared later this year. He emphasized the importance of a “123 agreement,” which is necessary for U.S. involvement in Saudi Arabia’s nuclear program. This agreement ensures compliance with non-proliferation criteria to prevent the misuse of nuclear technology.

Wright noted that Saudi authorities have yet to agree to the requirements outlined in the Atomic Energy Act. However, he expressed optimism about finding a structure that meets both Saudi and American goals. This partnership could significantly boost Saudi Arabia’s energy sector moving forward.

Share
Leave a Comment

Recent Posts

  • Pakistan

IHC issues show-cause notices to immigration DG, NAB director in contempt case

The Islamabad High Court (IHC) has issued show-cause notices to the Director General of Immigration…

2 hours ago
  • Business

Dollar steady as markets await key U.S. jobs and economic data

The U.S. dollar held firm on Monday as traders paused ahead of crucial economic data…

2 hours ago
  • Business

IBM to invest $150 billion in U.S. to boost quantum computing

IBM has announced a $150 billion investment in the United States over the next five…

2 hours ago
  • Pakistan

Khawaja Asif vows strong response to any Indian aggression

Defence Minister Khawaja Asif warned that Pakistan will give a decisive response if India attempts…

2 hours ago
  • Pakistan

40 injured in oil truck explosion at Nushki terminal

At least 40 people were injured when an oil-filled truck exploded near the truck terminal…

2 hours ago
  • Op-Ed

Power: Tangible and Intangible Forces

The highest quality of the power comes from the application of the knowledge. In international…

2 hours ago