UAE donates $10mn to nuclear energy partnership
by This email address is being protected from spam bots, you need Javascript enabled to view it on Tuesday, 30 September 2008
The UAE has donated $10 million to support the activities of the Global Nuclear Energy Partnership (GNEP), a project aimed at promoting commercial use of nuclear power and accelerating and enlarging peaceful nuclear uses, official news agency WAM reported on Tuesday.
US Energy Secretary Samuel Bodman praised the UAE's contribution.
"GNEP's members are committed to the promotion of nuclear energy as a clean source of power in a way that reduces proliferation risks and nuclear waste burdens", he said in an address to the 52nd annual Iinternational Atomic Energy Agency (IAEA) General Conference which opened in Vienna, Austria on Monday.
"In that regard I am pleased to report that the United States will donate $50 million toward the establishment of an International Nuclear Fuel Bank under IAEA auspices. And we welcome the $10 million contribution by the United Arab Emirates ", he said.
Attended by 145 Member States, the 5-day conference held from 29 September to 4 October, is discussing major issues facing the Agency.
For news updates sign up for our newsletter
READERS' COMMENTS
MORE FROM ARABIANBUSINESS.COM
TOP IN MIDDLE EAST ENERGY
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST ENERGY
LATEST MIDDLE EAST BUSINESS NEWS
SHARE PRICE CHECK
RELATED STORIES
International Atomic Energy Agency (IAEA)
- Iran seeking nuclear weapons technology - ElBaradei
17 Jun '09 | News - Iran envoy upbeat about possible nuke talks
4 Mar '09 | News - Iran to expand uranium enrichment capacity
25 Feb '09 | News







