Saudi wants nuclear power 'soon': US official
Riyadh (AFP) Dec 7, 2010 Saudi Arabia plans to be producing nuclear power within 10 years, a senior US trade official said here Monday. "They want to have civil nuclear power as a part of their mix ... relatively soon," said Under Secretary of Commerce Francisco Sanchez, after meetings with Saudi officials. The world's largest supplier of oil wants to have nuclear power "within the next 10 years", he told journalists. Riyadh has begun to move toward nuclear power to replace burning valuable oil and natural gas in power plants. The country signed a cooperation agreement on civil nuclear technology with the United States in 2008, and has held talks with France and Russia in the past year on similar agreements. In April the country announced it would build the research-and-development focused King Abdullah City for Nuclear and Renewable Energies to underpin its move to diversify energy use away from fossil fuels. Sanchez was in Riyadh leading a delegation of US businessmen in the infrastructure and energy sectors to meet Saudi counterparts. He said Saudi Arabia's planned spending of some 500-700 billion dollars on infrastructure over 2009-2014 made it an important target for US businesses, especially in the alternative energy sector.
earlier related report The president is on a four-day trip to India, where he is seeking deeper commercial ties while acknowledging his hosts' increased role on the world stage. British Prime Minister David Cameron and US President Barack Obama have both swept through India with similar messages recently, as Western nations look for export opportunities in a fast-growing country seen as a natural ally in Asia. Sarkozy heads a delegation of six ministers and around 70 chief executives, including the bosses of aircraft and defence groups Dassault Aviation and EADS, and the state-controlled nuclear conglomerate Areva. Areva is set to sign a "framework agreement" with India's Nuclear Power Corporation which will firm up orders for two reactors for a plant in the western state of Maharashtra, a source in the French presidency said. Areva hopes to supply six reactors in total for the 22-billion-dollar project, which was recently cleared by the Indian environment ministry. France is also seeking a slice of the billions of dollars earmarked by India for a military upgrade, but competition is fierce among foreign arms manufacturers, and officials in New Delhi have said no contracts will be signed on Monday. Sarkozy's visit is his first to a G20 state since France took the presidency of the group of developed and major developing economic powers. During a dinner with Singh on Sunday, the Indian premier pledged his "support" for Sarkozy's G20 programme, which includes overhauling the global monetary system and combating commodity price volatility, the presidency source said. Sarkozy and his wife Carla Bruni, a singer and former model, went sight-seeing at the ancient city of Fatehpur Sikri outside Delhi on Sunday after a romantic sunset visit to the Taj Mahal on Saturday. The French leader last visited India in 2008, just before he married Bruni, and he vowed then to return with her to see the Taj Mahal, located in the city of Agra 200 kilometres (120 miles) from Delhi. "It was Bruni's first visit to the Taj and she seemed completely floored by what she saw," the Times of India reported on Sunday. Bruni, who is a goodwill ambassador for the Global Fund to Fight AIDS, Tuberculosis and Malaria, is expected to visit an AIDS project on Monday. Sarkozy began his Indian trip in the southern city of Bangalore, a major technology centre, where he reiterated France's support for India to gain a permanent seat on the UN Security Council. He also welcomed cooperation in space that will lead the two countries to jointly launch satellites to monitor the climate and oceans next year, and expressed a desire for more Indians to study in France. He completes his visit on Tuesday with a trip to Mumbai, India's commercial capital that was hit by Islamist militant attacks two years ago in which 166 people were killed. Sarkozy's visit to India comes between that of US President Barack Obama last month and ahead of trips there by Chinese Premier Wen Jiabao and Russian President Dmitry Medvedev.
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Sarkozy and Indian PM Singh set to sign nuclear reactor deal New Delhi (AFP) Dec 6, 2010 French President Nicolas Sarkozy was to hold talks with Indian Prime Minister Manmohan Singh on Monday in New Delhi, with a new deal on nuclear power set to be the centrepiece of the meeting. The president is on a four-day trip to India, where he is seeking deeper commercial ties while acknowledging his hosts' increased role on the world stage. British Prime Minister David Cameron and US ... read more |
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