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.
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
- Sport: Lee Westwood wins Race to Dubai
- Construction & Industry: Qatar signs $22.79bn rail deal with Deutsche Bahn
- Media & Marketing: Dubai developers see negative press reports decline
- Transportation: Kuwait to allocate Iran port to boost trade
- Retail: Sunseeker ME announces regional expansion plans
SHARE PRICE CHECK
RELATED STORIES
International Atomic Energy Agency (IAEA)
- Iran wants big changes to nuclear deal with powers
27 Oct '09 | News - UN inspectors reach Iran's new nuclear site - report
25 Oct '09 | News - Iran says needs up to 300kg of nuclear fuel - report
10 Oct '09 | News




