Japan Advances Nuclear Deals with Arab States
Wednesday, September 8, 2010
Nuclear Power Icon
Tokyo -- Japan and Kuwait signed their first nuclear energy agreement today, and a separate bilateral pact with Jordan may also be inked this week.
Today's Kuwait nuclear agreement is Japan's tenth with a foreign nation.
Kuwait hopes to begin nuclear power generation at a single plant between 2020 and 2021, although the Kuwaiti authorities have been slow to draw up detailed plans for the project.
The tiny emirate is currently the world's number four oil exporter.
The Japan-Jordan nuclear cooperation agreement is expected to be signed on Friday.
Nuclear cooperation pacts of this sort are not of great value in themselves, but they serve to open the door to the possibility of lucrative contracts in the future.
METI and other government agencies have targeted the nuclear power sector as one area in which Japan can profitably expand its exports.
Several Arab nations are included in these plans.
© PanOrient News All Rights Reserved.