Monday, June 8, 2009

Obama seeks global uranium fuel bank

Monday, June 8, 2009

President Obama told Muslim leaders that ''any nation should have the right to access peaceful nuclear power.''

WASHINGTON - As part of a new strategy to stop Iran from obtaining nuclear weapons, President Obama plans to seek the creation of the first-ever international supply of uranium that would allow nations to obtain fuel for civilian nuclear reactors but limit the capacity to make bombs, according to senior administration officials.

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Many arms-control specialists consider the idea of a "fuel bank" controlled by the International Atomic Energy Agency a key way to test the sincerity of Iranian leaders, who maintain that their enrichment program is only for civilian use and necessary because they cannot be assured of energy supplies from other countries.
Many specialists believe an internationally managed fuel bank could also remove the "peaceful use" justification for other nations that might be trying to use a civilian nuclear program as cover to make nuclear weapons.
"We want to give the Iranians an opportunity to demonstrate their commitment to peaceful nuclear energy and serve as a new model," said a top administration official involved in crafting arms-control policy. "What we can do is create a system of incentives where, as a practical matter for countries that want nuclear power, the best way to obtain their fuel and to handle fuel services is through a new international architecture."
The IAEA, the United Nations' nuclear watchdog, is also pursuing the fuel-bank idea, and in a pair of reports Friday highlighted the urgency of the issue. It said that Iran has expanded the number of centrifuges enriching uranium, making it more difficult for UN inspectors to keep track of the nation's disputed nuclear program. The agency also said it had discovered traces of processed uranium at a second site in Syria, where Israel in 2007 bombed a North Korean-designed reactor that US intelligence says was meant to produce weapons-grade plutonium.
Obama has outlined a goal of ridding the world of nuclear weapons and has pledged to reduce the US arsenal and take other steps toward that long-term vision. In his closely scrutinized speech to the Muslim world last week, he declared that "we have reached a decisive point" on the Iran nuclear weapons issue and that he is committed to "preventing a nuclear arms race in the Middle East that could lead this region and the world down a hugely dangerous path."
But he also said that "any nation - including Iran - should have the right to access peaceful nuclear power" if it follows nuclear weapons nonproliferation agreements.
The uranium fuel bank is a key building block of Obama's overall strategy, which is aimed at helping limit the further spread of the technology needed to build nuclear weapons - the same technology that provides nuclear energy.
The basic idea is to have a relatively small, but guaranteed supply of low-enriched uranium available as a backup should a country's supplies of civilian nuclear fuel from other nations be cut off for political or other reasons. Of the dozen or so countries that now can enrich uranium, several - such as Brazil and South Africa - do so to guard against such disruptions, not to build nuclear weapons.

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