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How To Trade The OPEC Meeting

How To Trade The OPEC Meeting

Weeks of rumors and rhetoric…

Atomic Energy Agency to Help Vietnam Develop Nuclear Power

International Atomic Energy Agency Director General Yukiya Amano told journalists that nuclear energy is not solely for advanced countries but also developing countries like Vietnam, which can implement and apply nuclear energy towards its economic development.

Foreign Minister Pham Binh Minh asked Amano to have the IAEA continue to help Vietnam, especially in the implementation of the nuclear power program to assist the country’s socio-economic development. Minh applauded the IAEA's role and contribution to international efforts in promoting the use of atomic energy for peace while helping to increase atomic safety and security and added that, apart from supporting and joining international efforts against the spread of nuclear weapons, Viet Nam attached great importance to the legitimate rights of nations in using atomic energy for peaceful purposes, The Vietnam Plus news agency reported.

The International Atomic Energy Agency estimates that by 2030 the number of nuclear plants will increase by 350 because many countries want a stable and secure source of energy, supplementing the world’s current 432 nuclear power plants. Amano said, "Every country wants energy security because it is an essential need. This is why many nations, including those in ASEAN, want to keep nuclear power as an option."

By. Charles Kennedy, Deputy Editor OilPrice.com



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