Fiftieth IAEA General Conference Special
Event
The International Atomic Energy Agency (IAEA)
is holding a "special event" from September 19-21 on the issue of
nuclear fuel supply as part of its Fiftieth General Conference in Vienna. The
topic is "New Framework for the Utilization of Nuclear Energy in the 21st
Century: Assurances of Supply and Non-Proliferation". High-level technical
and political delegations from the agency's 140 member states are expected to
attend. The special event planners have
scheduled the first day of the conference for political statements by ministers
and the second day for working level experts who will explain the technical
issues. The final day of the special event is for discussion and
recommendations for a "road map" for further actions.
The meeting will consider proposals to
guarantee supplies of nuclear fuel to all countries. For many years the
developing countries have been demanding that the nuclear-advanced countries honour their commitments under the Nuclear Non-Proliferation
Treaty to provide others with a guaranteed supply of nuclear equipment,
materials and technology for peaceful purposes. The nuclear-advanced states
have refused to abide by the NPT and are even proposing to restrict, by law,
the access of developing countries to this technology.
A nuclear "fuel bank" - whereby the
IAEA administers a nuclear fuel reserve - is among the proposals that will be
considered. A press release from the IAEA states that: "A fuel reserve
would assure a back-up supply for power reactors throughout the world on a
non-discriminatory, non-political basis reducing the need for countries to
develop their own uranium enrichment technologies at a time when concerns about
nuclear proliferation are growing." The IAEA explains that such a fuel
bank would not replace the existing commercial market in nuclear fuels but
would be a "back-up or reserve mechanism". According to the IAEA, the
United States and Russia are prepared to contribute nuclear fuel to a
"multinational fuel bank" administered by the IAEA. However, the
United States, Russia, Britain, France, Germany and the Netherlands, which have
the largest commercial uranium enrichment facilities in the world, are mainly
interested in monopolizing this economically and militarily strategic industry
for themselves rather than sharing it with the IAEA or any other country or
international organization.
The idea of nuclear fuel banks date back to
the early years of the IAEA and the Non-Proliferation Treaty. Today, there is a
renewed interest in this idea. For example, on
January 30, 2006 Russian President Vladimir Putin
proposed a system of international centres on Russian
territory that would provide nuclear fuel cycle services, including enrichment.
One week later, U.S. President George Bush announced a Global Nuclear Energy
Partnership which includes "establishing a fuel services program that
would allow developing nations to acquire and use nuclear energy economically
while minimizing the risk of nuclear proliferation." On July 15, Putin and Bush issued a joint statement at the G-8 Summit
in
One
factor driving renewed interest in this idea is the growing demand of many
countries for nuclear energy for peaceful purposes, especially for the
generation of electricity. The nuclear-weapon states, and other nuclear
suppliers such as
The