Resumption of talks with Vietnam on nuclear plant export

This month will see the resumption of working-level discussions between Japan and Vietnam concerning the construction of a nuclear power station in Vietnam, which has unofficially awarded the contract for the facility to Japan.

Both sides are adjusting schedules with a view to holding a meeting on September 8 or 9, and are expected to talk mainly about the financial end.

Even the catastrophe at the Fukushima I nuclear power station did not dampen Vietnam’s inclination to introduce nuclear power technology from Japan. Although Japan’s policy on export of nuclear power facilities is wavering as a result of the goal of reducing its dependence on nuclear energy posted by former Prime Minister Naoto Kan, a cabinet decision was made in favor of continuing with the line of exporting such facilities on August 5. In response, it was decided to resume the talks between the two countries.

At a summit conference between the two countries in October 2010, the Vietnamese government informally agreed to award the contract for the second phase of nuclear construction to Japan. The nuclear power station is to be built in the province of Ninh Thuan, in the southern part of the country. Since the occurrence of the Great East Japan Earthquake, the Vietnamese side has been seeking assurance of nuclear plant safety from tsunami and earthquakes, because the construction site is on the coast.

Source denki.or.jp

Tags: , , ,

Posted by VBN on Sep 6 2011. Filed under Energy. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS China Business News

  • India gold futures recovered partially on Thursday afternoon
  • Gold price stood above VND47 million a tael (1.2 ounces) on September 8
  • UBS AG hiked its gold forecast for next year by 50% to $2,075 a troy ounce
  • U.S. gold futures contract rose 1.6 percent to $1,846.6 after 3 pct drop
  • Gold price witnessed a decline of Rs 240 per sovereign on Thursday
  • Gold futures regained strength on Thursday
  • Russia’s gold and foreign exchange reserves rose to $543.4 billion
  • Gold price rebounds after overnight dips as bargain hunters step in

Sponsored

Looking for an overseas forex broker?