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IAEA for nuclear fuel bank

Vienna: With India and some other countries evincing interest in the construction of nuclear power plants, the IAEA is contemplating establishing a reserve nuclear fuel bank for supplying fuel to nations which have renewed interest in expanding their atomic energy programme.

This fuel bank would operate on the basis of “apolitical and non-discriminatory non-proliferation criteria,” the U.N. nuclear watchdog’s Director General Mohammed ElBaradei said here on Tuesday.

Several nations have shown interest in nuclear power plants.

Controlling of nuclear material is a complex process, yet if we fail to act, it could be the Achilles heel of the nuclear non-proliferation regime, he said. — PTI

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