Sunday, December 4, 2011

Saudi Arabia and China to sign nuclear cooperation pact

2011-04-12 (China Military News cited from ARAB NEWS) — Saudi Arabia on Monday announced its plan to sign a nuclear cooperation agreement with China. The Cabinet said it has authorized Hashim Yamani, president of the King Abdullah City for Nuclear and Renewable Energy, to hold talks with Chinese officials to reach a deal for peaceful use of atomic energy.
The new move comes after the Kingdom signed its first ever nuclear treaty with France in February. Yamani, who signed that agreement, said it would pave the way for the Kingdom’s long-term plans to build power stations utilizing alternative energy sources to produce electricity and water.
The agreement allows the two countries to cooperate in the fields of production, use and transfer of knowledge regarding the peaceful uses of nuclear energy.
Saudi Arabia has decided to make use of alternative resources such as atomic, solar, geothermal and wind power to meet its growing energy requirements.
Power demand is forecast to increase by 8 percent annually in the Kingdom. Demand for electricity in Saudi Arabia is expected to triple by 2032, which will give rise to the need for energy plants with a total of 80 gigawatts of installed capacity.
Custodian of the Two Holy Mosques King Abdullah, who chaired the Cabinet meeting at Al-Yamamah Palace in Riyadh, briefed the ministers on the outcome of his talks with US Defense Secretary Robert Gates and the content of a letter he received from Bahrain’s King Hamad bin Isa Al-Khalifa.
The Cabinet discussed the latest developments in some Arab countries. It also welcomed the GCC’s call on the Yemeni government and opposition to meet in Saudi Arabia for talks aimed at reinforcing peace and stability in the country and achieving the hopes and aspirations of the Yemeni people.
The Cabinet also welcomed the statements made by the Organization of the Islamic Conference and the Muslim World League condemning Iran’s interference in the internal affairs of GCC countries.

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