Ukraine to Buy Share of International Nuclear Fuel Bank

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Ukraine has committed to buying a 10 percent share of an international nuclear fuel repository planned in Angarsk, Siberia, RIA Novosti reported yesterday (see GSN, March 30).

The site, approved last year by IAEA governors, would enable countries to purchase nuclear power plant fuel on an apolitical basis as an alternative to developing fuel production capabilities that could also generate nuclear-weapon material.
Ukraine is expected to complete the purchase by paying Russia for the stake in October (RIA Novosti, Aug. 19).