Tuesday, February 5, 2013

Saudi cabinet endorses nuclear accord with France


Saudi Arabia's government endorsed a nuclear energy pact signed between the kingdom and France two years ago, as the kingdom vies to diversify its energy mix and meet growing power demand, Arab News reported.
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The cabinet's decision follows talks between Saudi officials with French Minister of Industry Arnaud Montebourg last month in Riyadh.
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In 2011, France signed an agreement to offer atomic know-how and training for local staff in the kingdom and the use and transfer of knowledge of peaceful uses of nuclear energy.
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The accord "allows Saudi experts to study the French technology options, their financial requirements and implications for developing qualified national human resources," according to the agreement.
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Read more: http://www.arabianbusiness.com/saudi-cabinet-endorses-nuclear-accord-with-france-488341.html

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