To exert American nuclear leadership by establishing global relationships and facilitating civil nuclear trade strategies with embarking nuclear nations, and for other purposes.
About This Bill
Committee
Latest Action · May 18, 2023
Referred to the House Committee on Foreign Affairs.
This bill aims to strengthen America's position in global nuclear energy markets by establishing new government structures and strategies to promote U.S. nuclear technology exports. The legislation would create a White House office dedicated to international nuclear energy policy, coordinate nuclear export efforts across federal agencies, and establish a Nuclear Exports Working Group tasked with developing a 10-year civil nuclear trade strategy with specific export targets. The bill directs the President to launch international initiatives to assist countries beginning nuclear programs—excluding adversaries like China, Russia, Iran, and North Korea—by providing financing support, training on nuclear safety and security, and helping develop cooperative research agreements with U.S. allies. Federal agencies including the State Department, Energy Department, Export-Import Bank, and International Development Finance Corporation would work together to facilitate private investment in nuclear projects abroad and remove regulatory barriers to competitiveness. The bill requires key reports within one to two years of enactment and sets a 10-year timeline for implementing advanced nuclear reactor cooperation agreements with at least five allied nations.
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