EVEN as the us pushes itself forward as
the patron-in-chief of the nuclear non-
proliferation camp, it is going steadily
ahead with its nuclear trade transactions. It recently signed a revised treaty
with the European Union on the trading of us-origin nuclear fuel, reactors
and important reactor parts.
The treaty had run Into trouble as us
law allowed only bilateral treaties with
client countries. it is a follow-up of a
1960 accord which expires in December
1"S, and which needed to be ratified.
Now the differences have been sorted
out, although the ratification has come
2 months too late. There will be a legal
void in the first 2 months of next year
when the previous accord lapses and
the new one is yet to come into effect.
'There will be no agreement in
place and trans-Atlantic nuclear trade
will be blocked," say sources in
trussels. However, trade in smaller
parts of reactors and safety materials is
unlikely to be affected through the
period of likely treaty lapse.
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