November 16, 2024
1 min read

Russia Limits Enriched Uranium Exports To US

Iran nuclear talks - Is West Asia being dragged to the edge of conflict? .(photo:IN)

The restriction raises supply concerns for US nuclear power plants, which relied on Russia for a quarter of their enriched uranium last year.

Russia has imposed temporary restrictions on exporting enriched uranium to the United States, the government said.

The restrictions apply to exports to the United States and those under foreign trade agreements with entities registered in US jurisdictions, with waivers allowing deliveries under one-time licenses issued by the Federal Service for Technical and Export Control, reports Xinhua news agency.

The restriction raises supply concerns for US nuclear power plants, which relied on Russia for a quarter of their enriched uranium last year.

The move follows a US law signed in May by US President Joe Biden banning Russian uranium imports until 2040, with exceptions allowed until 2028.

US purchases of Russian uranium totalled $574 million this year, down by nearly 32 per cent from a year ago, according to US statistics.

ALSO READ: IAEA Chief Visits Iran’s Nuclear Facilities

Previous Story

Patel’s Legacy Honoured in London

Next Story

Modi Emplanes For Three-Nation Visit To Nigeria, Brazil, Guyana

Latest from Europe

EU pushes ahead with drone wall plan

EU accelerates plans for a high-tech drone wall and €140bn Ukraine loan, balancing defence needs with legal hurdles, as Russian incursions heighten pressure on Europe’s eastern flank. The European Union is pressing

Two more deported under UK-France returns deal   

Afghan and Somali returned under pilot scheme as Eritrean man secures court reprieve against deportation…reports Asian Lite News Two more people have been returned to France under Prime Minister Keir Starmer’s flagship

Zelenskyy: India ‘mostly with us’

President Zelenskyy hails India as “mostly” aligned with Ukraine, praises Trump’s backing, and warns UNGA of AI-driven warfare risks, urging global rules to avert catastrophic arms races….reports Asian Lite News Ukrainian President

Trump Raps Allies but Backs NATO Pact

Though some earlier reports said that he intended to, Trump did not drastically cut funding to NATO….reports Asian Lite News The Atlantic shores seem to be witnessing a diplomatic shift, widening the

India, France Hold Nuclear Talks

The meeting, held on Monday, reviewed progress in bilateral civil nuclear cooperation and explored avenues to deepen the strategic partnership…reports Asian Lite News India and France convened the second meeting of their
Go toTop

Don't Miss

US watching China very closely on Taiwan: US top general

China has been sending scores of warplanes into Taiwan’s air

Indian Americans Win Key Seats In Virginia

Kannan Srinivasan and J.J. Singh secure pivotal victories in Virginia’s