The U.S. and China are planning to continue a new nuclear power deal between both countries.
President Obama signed the renewal of a bilateral nuclear cooperation agreement where the two countries would exchange material, reactors, components, and technology for the next 30 years, according to several news reports. The U.S. Congress must first approve the proposal.
The existing 123 agreement is set to expire in December 2015. Marvin Fertel, president and CEO of the Nuclear Energy Institute, said in a statement that the agreement should be promptly renewed.
"U.S. equipment and technology exports have enabled China to deploy the safest nuclear technologies. The strong U.S. presence in China's nuclear energy market and China's adoption of U.S. technology has served to deepen its relationship with the United States that has brought about significant advances in China's safety practices,” Fertel said. “U.S. assistance in developing China's nuclear energy program also is helping China to mitigate its world-leading carbon emissions and other pollution.”
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