Around the World: Russia

Updated: 2008-05-07 07:20

Nuke deal with US inked

Russian and US officials signed a key agreement on civilian nuclear power yesterday that could give Washington access to Russian technology and potentially hand Moscow lucrative deals on storing spent fuel.

The deal signals a reversal in policy for the US administration on cooperating with Russia on nuclear issues.

The deal will give the US access to Russian state-of-the art nuclear technology.

That would be important for the Washington, where nuclear development was virtually dormant in the wake of a 1979 reactor accident at Three Mile Island in the US and the 1986 Chernobyl nuclear explosion in the Soviet Union, experts say.

(China Daily 05/07/2008 page10)