The Philippines and the United States will start talks on a civil nuclear cooperation agreement which will provide the legal basis for US exports of nuclear equipment and material to the Philippines.
travel to Palawan"Once in force, this agreement will provide the legal basis for US exports of nuclear equipment and material to the Philippines," the embassy fact sheet read.
"The United States and the Philippines enjoy an alliance and partnership based on deep historical, economic, and cultural ties, and our shared democratic values," it added. This, the embassy said, will serve as a “high-level platform for two nations “to develop new forms of energy cooperation, including short and long-term energy planning, offshore wind development, and grid stability and power transmission.”
The project will advance the sustainable development of critical minerals essential to the technologies for the clean energy transition, it added. “This office will ensure that USTDA’s current pipeline of bankable projects reach financial close and that new project opportunities are identified in partnership with the Asian Development Bank, US development finance institutions, private banks, and other country partners in the region,” the Embassy said.
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