UAE and UK sign nuclear cooperation agreement
Agreement formalises 2008 MoU
The United Arab Emirates and the United Kingdom have signed an agreement on nuclear cooperation on Thursday, formalising a Memorandum of Understanding (MoU) signed by both governments in 2008, and building on similar agreements with the US, France and South Korea.
The agreement, signed by the UAE’s foreign minister H.H Sheikh Abdullah Bin Zayed Al-Nahyan and his British counterpart William Hague, facilitates the sharing of expertise and technical knowhow.
In 2009, the UAE signed a cooperation agreement with the US, which was subsequently followed up with agreements with France and South Korea.
Abu Dhabi, the UAE’s leading emirate, has become the first government in the GCC to turn to nuclear energy to meet its power needs, awarding a US$20 billion contract to built four 1,000MW nuclear reactors to a consortium around South Korea’s Kepco. The first two reactors will come online in 2017, with the entire project to be completed by 2020.