Showing posts with label nuclear. Show all posts
Showing posts with label nuclear. Show all posts

Friday, April 20, 2012

Top of the Agenda: World Leaders Vow to Confront Nuclear Threats

Top of the Agenda: World Leaders Vow to Confront Nuclear Threats

Fifty-three world leaders pledged to jointly combat the global nuclear terrorism threat at the end of a two-day nuclear summit in Seoul, South Korea. The leaders vowed to pursue nuclear disarmament and combat nuclear proliferation, while supporting "peaceful uses of nuclear energy" (al-Jazeera). Concerns over a planned North Korean rocket launch for next month dominated the summit, prompting international condemnation. U.S. President Barack Obama, who called for a "world without nuclear weapons," met with Russian and Chinese leaders to discuss Iran's nuclear program, which the West contends is for manufacturing weapons.

Analysis

"Since his Prague speech on nuclear disarmament in 2009, [Obama] has shifted attitudes both in the United States and internationally, changing the context in which these issues are debated. He moved things further on in South Korea by stating more forthrightly than he has in the past that the United States has more nuclear weapons than it needs," says this Guardian editorial.

"On the one hand, states such as Iran and North Korea must not develop nuclear arsenals. On the other hand, the established nuclear powers--such as the U.S., Russia and China--must make deep cuts in stockpiles. Only by making such cuts can they retain the moral right to demand that others refrain from building nuclear bombs," says this Financial Times editorial.

"Some of the warnings about nuclear terrorism in the wake of 9/11 were overdone; a lot of the claims that we would face a fifty-fifty chance of an attack were rhetorical flourishes at best, and there are a lot of reasons to believe that pulling off a nuclear attack is more difficult and less attractive than a lot of people thought. But that doesn't mean that it isn't a real risk," says CFR's Michael A. Levi in this CFR Interview.

Sunday, December 27, 2009

South Korea awarded UAE nuclear power contract

A South Korean consortium has been awarded a contract worth some $40bn (£25bn) to build four nuclear power plants in the United Arab Emirates.

The group, led by the Korea Electric Power Corp (Kepco), beat bids from a US-Japanese group and a French firm.

South Korean officials said the deal was the biggest single contract the country had ever won abroad.

Though the world's third largest oil exporter, the UAE says only nuclear power can meet its energy demands.

The nuclear reactors should all be in operation by 2020, by which time demand for electricity in the UAE is expected to have more than doubled. The first is scheduled to begin supplying power in 2017.

As well as Kepco, the winning consortium includes Samsung, Hyundai and Doosan Heavy Industries, as well as US firm Westinghouse and Japan's Toshiba.

The South Korean president's office described the deal as "the largest mega-project in Korean history".

It also represents that first time the country has exported a nuclear power plant, according to the Associated Press news agency.

South Korea first introduced atomic power in 1978 and now has 20 nuclear reactors in operation.

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