Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Saudi energy deal push sparks nuclear weapon concerns

byCT Report
19/03/2018
in Latest News
Share on FacebookShare on Twitter

RIYADH: Saudi Arabia’s crown prince has confirmed what many have long suspected  nuclear energy in Saudi Arabia is about more than just electrical power, it’s about geopolitical power,” Sen. Ed Markey (D-Mass.) said in a statement. “The United States must not compromise on nonproliferation standards in any 123 agreement it concludes with Saudi Arabia.”

When the United States entered into a 123 agreement with the United Arab Emirates (UAE) in 2009, the UAE voluntarily agreed to prohibitions on enriching uranium or reprocessing spent fuel to produce plutonium  essential steps in producing nuclear weapons.

You might also like

FPCCI eyes $10 billion trade with Iran

12/05/2026

KP challenges exclusion of two hydropower projects from IGCEP 2025-35 in IHC

12/05/2026

That agreement has become known as the “gold standard” that nonproliferation advocates say should be part of all 123 agreements.

But Saudi Arabia has indicated it will not accept the “gold standard” because of its rivalry with Iran. The Iran nuclear deal limits uranium enrichment activities but does not prohibit them entirely.

Mohammed’s interview with “60 Minutes” this week stoked concerns that Saudi Arabia would use its nuclear program to counter Iran.

Reif also argued Saudi Arabia’s ability to do business with other countries doesn’t mean United States should lower its standards. The United States has the leverage to make Saudi Arabia adhere to the gold standard, he added, since countries want the U.S. to approve of their nuclear programs.

“Curbing the spread of nuclear weapons and the technology to make them is strongly in the U.S. national interest, especially when talking about the Middle East, which is plagued by various security competitions,” Reif said, adding that three of the last four 123 agreements contained legally or politically binding prohibitions on enrichment and reprocessing.

Still, Reif fears that the Trump administration will give in to Saudi Arabia because of its desire to maintain a good relationship with the Saudis, revitalize the U.S. nuclear industry and provide a counterweight to Iran.

Related Stories

FPCCI eyes $10 billion trade with Iran

byCT Report
12/05/2026

KARACHI: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has expressed his objective...

KP challenges exclusion of two hydropower projects from IGCEP 2025-35 in IHC

byCT Report
12/05/2026

PESHAWAR: Pakhtunkhwa Energy Development Organisation (PEDO) has challenged the exclusion of two hydropower projects from the Indicative Generation Capacity Expansion...

FBR mulls amendments to Export Facilitation Scheme for govt’s refurbished vehicle import, re-export initiative

byCT Report
12/05/2026

LAHORE: The Federal Board of Revenue is preparing amendments to the Export Facilitation Scheme 2021 to support the government’s proposed...

FBR revises customs values for solar panels vide VR No.2077/2026

byCT Report
12/05/2026

KARACHI: Federal Board of Revenue on Tuesday issued fresh import values for solar panels for the assessment of customs duty...

Next Post

Thai sugar cash premiums crash on looming supply overhang

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.