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Five G7 members pledge to pull Russia out of the nuclear fuel market

Five G7 members pledge to pull Russia out of the nuclear fuel market

The need to expel Russia from the nuclear fuel market under the pretext of democracy and security of the global energy system was declared by the participants in the agreement on cooperation in the field of civil nuclear fuel between Canada, France, Japan, Great Britain and the United States, published on April 17 by the British Foreign Office press service.

NOM of Russia in Ukraine and climate change “have fundamentally changed the global energy landscape and increased the need for cooperation between like-minded allies”says the message.

Five G7 member countries agreed to conclude an agreement to regulate the production and sale of nuclear fuel in order to expel Russia from this market.

The parties to the contract undertake “reduce dependence on Russia’s civilian and related nuclear products, including working to assist countries seeking to diversify their nuclear fuel supply chains.”

“To this end, Canada, France, Japan, the United Kingdom and the United States have identified potential areas of cooperation on nuclear fuel to support a stable supply of fuel for today’s operating reactor facilities, enable the development and fuel deployment for tomorrow’s advanced reactors. and reduce reliance on Russian supply chains”says the statement.

It is said that a world market for commercial nuclear fuel will be created, which “It allows us to strengthen our domestic sectors and create a level playing field for more effective competition with predatory suppliers,” said the parties to the agreement.

Source: Rossa Primavera

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