Saturday, July 15, 2006

Joint Statement by President George Bush and President V.V.Putin

As we have noted here and here and here the Russian initiatives for the g8 have included nuclear as one of the main components for global enrgy security.The concept is for construction,supply,operation and removal of nuclear waste for fuel processing at three centres worldwide.

The emerging advancements for NNP include the smaller plants of around 70mw-600mw capacity.Based on seaborne technology already used.

The United States and the Russian Federation believe that strengthening their cooperation in civil nuclear energy is in the strategic interests of both our countries. It will serve as an additional assurance of access for other nations to economical and environmentally safe peaceful nuclear energy.

The United States and the Russian Federation are working together to meet the challenges posed by the combination of proliferation of weapons of mass destruction and international terrorism. We recognize the devastation that could befall our peoples and the world community if nuclear weapons or materials or other weapons of mass destruction were to fall into the hands of terrorists. We are closely cooperating to lessen that unacceptable danger, including by strengthening the nonproliferation regime and ensuring the security of nuclear weapons and fissile materials.

Cooperation in the Peaceful Uses of Nuclear Energy

The United States and the Russian Federation are convinced that reliable and sufficient energy supplies are the cornerstone of sustainable economic development and prosperity for all nations, and a necessary condition for maintaining international stability. Today nuclear energy is a proven technology for providing reliable electric power without emission of greenhouse gases, and is an essential part of any solution to meet growing energy demand.

We share the view that nuclear energy has an essential role in the promotion of energy security, which is an issue of special concern for the leaders of the G-8. Advancing nuclear energy will require further development of innovative technologies that reduce the risk of proliferation, provide for safe management of waste, are economically viable, and are environmentally safe.

Being consistent in our approach to assure access to the benefits of nuclear energy for all nations complying with their non-proliferation obligations, we have each proposed initiatives on the development of a global nuclear energy infrastructure, specifically the Russian proposal to establish a system of international centers to provide nuclear fuel services, including uranium enrichment, under IAEA safeguards, and the U.S. proposal for the Global Nuclear Energy Partnership to develop innovative nuclear reactor and fuel cycle technologies.

Following up on these initiatives, the United States and the Russian Federation intend to work together, actively involving the IAEA, to allow all nations to enjoy the benefits of nuclear energy without pursuing uranium enrichment and spent fuel reprocessing capabilities.

The United States and the Russian Federation together with four other nuclear fuel supplier states have also proposed a concept for reliable access to nuclear fuel for consideration and development at the IAEA.

We call upon other countries to join us to facilitate the safe and secure expansion of nuclear energy worldwide.

Proceeding from our national interests and common goals, and recognizing the benefits of civil commercial nuclear trade, we express our intent to develop bilateral cooperation in the peaceful use of nuclear energy.

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