By James Exelby
Global Nuclear Energy Partnership to promote commercial, peaceful uses of nuclear energy.
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 all the latest energy and oil news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.