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FINANCIAL NEWS
Jordan nuclear deal faces US obstacles
02 Jul 2010
(MENAFN) Washington�s refusal to let Jordan exploit its own uranium deposits to make nuclear fuel has held up nuclear cooperation talks and the two sides are a long way from any deal, Reuters reported.
An accord on nuclear cooperation with the United States would help Jordan launch a civilian nuclear programme and meet a target of generating 30 percent of its energy needs through nuclear power by 2030.
But the Jordanian sources said in the last year of talks Washington refused to allow Jordan to produce its own nuclear fuel, a right which the close U.S. ally insists it is entitled to as a signatory of the nuclear Non-Proliferation Treaty (NPT).
Jordan has discovered promising deposits of uranium, an estimated 65,000 tonnes so far, that it hopes to mine commercially for domestic use and for export.
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