US firms eye PH nuclear power industry

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 55%

Business News News

Business Business Latest News,Business Business Headlines

Defining the News

Iloilo City — American companies are gearing up to participate in the Philippines’ emerging nuclear power industry following the entry into force of the United States and Philippines’ Agreement for Cooperation in Peaceful Uses of Nuclear Energy, or 123 Agreement, on July 2, 2024

The US State Department said the civil nuclear cooperation agreement provide a legal framework for exports of nuclear material, equipment and components from the United States to another country. “Energy security is an increasingly critical global challenge requiring deliberate collaborative efforts, and together our two countries can make a significant contribution to our shared clean energy goals,” the statement said.

It said creating a safe, secure and modern sector requires a skilled workforce, robust regulations and strong commercial partnerships.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in BUSİNESS

Business Business Latest News, Business Business Headlines