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The Governments of the Philippines and the USA signed an “Agreement for Cooperation Concerning Peaceful Uses of Nuclear Energy” also known as a Section 123 Agreement, on the sidelines of the Asia Pacific Economic Cooperation (APEC) in San Francisco, California. The US insists that countries seeking to trade nuclear power goods and services must sign formal cooperation agreements. Such Section 123 Agreements relate to the relevant paragraph of the US 1954 Atomic Energy Act which requires them.
- Source: NEI Magazine
- Date: Wednesday, 22 November 2023
- Original article: neimagazine.com/news/newsphilippines-and-us-sign-nuclear-co-operation-agreement-11315263
The Philippines' largest electric distribution utility, the Manila Electric Company (Meralco), has signed a cooperation agreement with Ultra Safe Nuclear Corporation (USNC) of the USA to study the potential deployment of one or more Micro-Modular Reactor (MMR) Energy Systems in the Philippines.
- Source: World Nuclear News
- Date: Friday, 17 November 2023
- Original article: world-nuclear-news.org/Articles/Philippines-considers-deploying-USNC-microreactors