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Nuclear Fuels

Volume 472: debated on Thursday 6 March 2008

To ask the Secretary of State for Foreign and Commonwealth Affairs what progress has been made in securing international agreement to an International Atomic Energy Agency (IAEA) administered mechanism for reliable access to nuclear fuel since it was presented to the IAEA Board of Governors' meeting, 12 to 15 June 2006; and if he will make a statement. (185079)

Detailed proposals comprising nuclear fuel assurances, enriched uranium reserves and new multinational enrichment facilities have been put forward by Germany, Russia, the United States, the UK and others. Many are complementary and compatible. The UK Enrichment Bond is an assurance of supply initiative. The UK, Germany and the Netherlands will host a conference on 17-18 April to bring together potential customer and supplier States to exchange views and inform further development of these proposals. We expect at least two proposals to be discussed at the June 2008 International Atomic Energy Agency Board of Governors.