Japan and Kazakhstan Team Up for Nuclear Power

1 de may de 2007

<body><div id="article"><tr><td height="28" valign="middle" width="184"></td><td valign="middle" width="185"></td></tr><h1>Japan and Kazakhstan Team Up for Nuclear Power</h1><p>May 1, 2007 (EIRNS)--Japan has sent a 150-member delegation composed of government and private sector representatives to Kazakhstan, to fashion agreements between the two nations regarding the development of nuclear energy. A joint statement by Kazakh Prime Minister Karim Masimov and Japanese Minister of Economy, Trade and Industry, Akira Amari, announced Monday that Kazakhstan's share of Japan's uranium imports could rise to 30 or 40 percent, up from the current 1 percent, by 2010, according to The Japan Times (May 1).</p><p>Japanese companies signed 24 business deals with Kazakh enterprises to ensure a stable, long- term supply of uranium for Japan, and to facilitate transfer of Japanese nuclear technology to Kazakhstan. As examples, Marubeni Corp. acquired a stake in a uranium mine, in a deal with Kazakhstan's state-run atomic company Kazatomprom. Toshiba Corp. agreed with Kazatomprom to help build nuclear power plants. Japan will assist Kazakhstan in the processing of the uranium fuel and the building of light- water reactors.</p><p>At the cost of over $1 billion, according to Bloomberg news (May 1), Kazakhstan plans to increase its output of uranium over the next four years to become, by that time, the world's largest producer. And Japan intends to increase the share that atomic energy provides in its power generation, from the 30% today, to 40% by 2030.</p></div></body>