SKIP TO MAIN CONTENT

Obama approves Vietnam nuclear deal

Vietnam could buy US reactors under a pact given the green light by Barack Obama, after it promised not to pursue nuclear weapons.

2 min read

Published

Updated

Source: AAP


Skip to article content

President Barack Obama has approved a civilian nuclear pact with Vietnam which could lead to the sale of US reactors to Washington's energy-hungry former war foe.

The move by the president formally opened a 90-day review process in Congress. If no legislation is passed contravening the accord, it will then come into force.

Under the accord, US officials said, Vietnam committed not to produce radioactive ingredients for nuclear weapons and signed up to US nonproliferation standards, which the White House bills as the strongest in the world.

"I have determined that the performance of the agreement will promote, and will not constitute an unreasonable risk to, the common defence and security," Obama said in a memorandum to the Energy Department.

Vietnam agreed not to enrich or reprocess uranium, key steps in the manufacture of nuclear weapons, in the deal signed on the sidelines of an East Asia summit in Brunei in October.

News that makes sense

Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

It also pledged to seek components for its fuel cycle on the open, international market.

Vietnam's market for nuclear power - already the second largest in East Asia after China - is expected to grow to $US50 billion ($A55.84 billion) by 2030.

Vietnam faces energy shortages and is pursuing nuclear energy, officials have said, with a plan that calls for the first nuclear power plant to be in commercial operation by 2020.

It wants nuclear energy to provide more than 10 per cent of its total power generation needs by 2030.

The communist-ruled nation already has a nuclear co-operation agreement with Russia.

Despite Hanoi's determination to pursue nuclear power, there has been domestic opposition with many voicing fears that the locations selected for the plants make them vulnerable to earthquakes or tsunamis.


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world