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US welcomes Kazakhstan’s initiative to deploy nuclear fuel bank

Business Materials 8 February 2012 17:10 (UTC +04:00)
The U.S. welcomes the initiative of Kazakhstan to deploy a nuclear fuel bank on its territory, the US ambassador to Kazakhstan Kenneth Fairfax told reporters on Wednesday.
US welcomes Kazakhstan’s initiative to deploy nuclear fuel bank

Kazakhstan, Astana. Feb.8 / Trend T.Nurmagambetov /

The U.S. welcomes the initiative of Kazakhstan to deploy a nuclear fuel bank on its territory, the US ambassador to Kazakhstan Kenneth Fairfax told reporters on Wednesday.

"I warmly welcome the initiative of Kazakhstan to place a nuclear fuel bank. As I understand, Kazakhstan still elaborates all the details of its proposal. But I am confident that the proposal will be approved by the international community", he added.

In 2010 Kazakhstan proposed its candidacy for the depositary role of the international nuclear fuel bank under the auspices of the IAEA.

A small reserve of low enriched uranium for fuel assemblies production for the nuclear power plants will be kept in the bank. International nuclear fuel bank will be located in a country that does not possess nuclear weapon and is fully open to the IAEA inspections

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