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The nuclear cooperation agreement was originally submitted to Congress for review by the George W. Bush administration in May 2008, in part as an effort to bolster bilateral cooperation between the United States and Russia on issues beyond the agreement's scope (for example, on the question of Iran's nuclear program). However, the administration withdrew the agreement from Congress following Russia's war with Georgia in August of that year, as the U.S.-Russian relationship hit a post-Cold War low.
President Obama resubmitted the agreement to Congress in May 2010 as part of his 'reset' policy with Moscow. The reset aimed to move the U.S.-Russian relationship out of the shadow of the Georgia conflict in order to gain Russia's cooperation on Iran, the war in Afghanistan, and other regional issues. At summit meetings between Obama and Russian President Dmitry Medvedev in April and July 2009, the two presidents committed to bring the 123 Agreement into force.[3]
Although the agreement did not require legislative approval, it could have been rejected by Congress if both houses had passed a resolution of disapproval within 90 legislative days of its submission. Two resolutions of disapproval were in fact introduced but not approved.[4] As a result, the 90 day period lapsed on 9 December and the pact will now enter into force once the exchange of notes is completed.
The agreement creates a broad legal framework for cooperation on nuclear research, production and trade, thereby removing obstacles to collaborative work on next-generation nuclear reactors and the development of fuel cycle technologies.[5] This means that Russian companies such as the state nuclear fuel producer Tekhsnabexport (TENEX) will now be free to cooperate more closely with U.S. enterprises such as Westinghouse and General Electric. There are also indications that Rosatom may explore the possibility of establishing a uranium enrichment plant in the United States.[6]
One element of the agreement that has proved controversial with Russian environmental groups is that it theoretically allows Russia to import, reprocess and store spent fuel from U.S.-supplied reactors located abroad.[7] Past Russian government estimates indicated that spent fuel importation could prove to be a lucrative venture, bringing in as much as $20 billion over ten years.[8] There is little support for such a move among the public, however, and Russian environmentalists have objected to the 123 Agreement on the grounds that Russia might import spent nuclear fuel from the United States or U.S.-origin spent fuel from third countries. However, Russian importation of spent fuel from the United States has never been at issue, and Rosatom spokesman Sergei Novikov stated at a December 7, 2010 press conference that Russia will only accept spent fuel from Soviet- and Russian-built nuclear reactors.[9]
It's not just New START: Two other U.S.-Russian Nuclear Agreements Boost U.S.-Russian Reset | CNS
President Obama resubmitted the agreement to Congress in May 2010 as part of his 'reset' policy with Moscow. The reset aimed to move the U.S.-Russian relationship out of the shadow of the Georgia conflict in order to gain Russia's cooperation on Iran, the war in Afghanistan, and other regional issues. At summit meetings between Obama and Russian President Dmitry Medvedev in April and July 2009, the two presidents committed to bring the 123 Agreement into force.[3]
Although the agreement did not require legislative approval, it could have been rejected by Congress if both houses had passed a resolution of disapproval within 90 legislative days of its submission. Two resolutions of disapproval were in fact introduced but not approved.[4] As a result, the 90 day period lapsed on 9 December and the pact will now enter into force once the exchange of notes is completed.
The agreement creates a broad legal framework for cooperation on nuclear research, production and trade, thereby removing obstacles to collaborative work on next-generation nuclear reactors and the development of fuel cycle technologies.[5] This means that Russian companies such as the state nuclear fuel producer Tekhsnabexport (TENEX) will now be free to cooperate more closely with U.S. enterprises such as Westinghouse and General Electric. There are also indications that Rosatom may explore the possibility of establishing a uranium enrichment plant in the United States.[6]
One element of the agreement that has proved controversial with Russian environmental groups is that it theoretically allows Russia to import, reprocess and store spent fuel from U.S.-supplied reactors located abroad.[7] Past Russian government estimates indicated that spent fuel importation could prove to be a lucrative venture, bringing in as much as $20 billion over ten years.[8] There is little support for such a move among the public, however, and Russian environmentalists have objected to the 123 Agreement on the grounds that Russia might import spent nuclear fuel from the United States or U.S.-origin spent fuel from third countries. However, Russian importation of spent fuel from the United States has never been at issue, and Rosatom spokesman Sergei Novikov stated at a December 7, 2010 press conference that Russia will only accept spent fuel from Soviet- and Russian-built nuclear reactors.[9]
It's not just New START: Two other U.S.-Russian Nuclear Agreements Boost U.S.-Russian Reset | CNS