Nuclear Issues

"South Korea has been trying to develop its nuclear energy industry over half a century. Insufficient energy sources, increasing domestic energy consumption, and rising oil prices in the 1970s were significant drivers that turned South Korea into a nuclear energy producer. Today, the country runs 24 nuclear reactors in four nuclear power plant sites, the second highest number of reactors among Asian countries after Japan and fifth highest in the world. Despite the contribution of nuclear energy to the South Korean economy, however, the country is currently facing mounting domestic concerns over its pro-nuclear energy policy."

"In a speech before the UN General Assembly on September 28, Iran’s President Hassan Rouhani heralded the Joint Comprehensive Plan of Action as a new chapter in Iran’s relations with the rest of the world. After a heated and largely politicized national debate, Congress is set to move forward with nuclear agreement. This treaty limits Iran’s nuclear enrichment capabilities over the next decade in exchange for sanctions relief."

A historic deal aimed at limiting Iran’s nuclear production capability in exchange for the lifting of economic sanctions has been reached in Vienna. The deal comes following almost two years of multi-lateral negotiations which intensified over the past several weeks. In this Q&A with Doug Gavel, Director of Media Relations for the Harvard Kennedy School, Matt Bunn was asked for his perspectives on the most significant elements of the deal, how this deal came together, and whether the deal goes far enough.

"The middle powers' congruence between New Delhi and Paris expanded with French quest for nuclear technology partners outside Europe, especially for technology that had not already been proved to be economically viable. For much of the Cold War, French nonchalance toward nuclear safeguards, frequent foreign policy differences with Washington, and close ties between key Indian and French physicists helped further. From India's point of view, the CEA offered technological assistance, including active encouragement as in 1974, when no other atomic energy commission was willing to offer much."

"One of the dramas playing out this month in New York at the 2015 Review Conference for parties to the Treaty on the Non-proliferation of Nuclear Weapons (NPT) concerns the future of discussions on establishing the weapons of mass destruction free zone in the Middle East..."

"Speaking from the White House earlier this month, President Obama announced details of a framework agreement between Iran and the P5+1—the United States, Russia, China, France, the United Kingdom, and Germany—that limits Iran’s path to building a nuclear weapon over the next 10 to 15 years. Although negotiators will finalize technical details between now and the June 30 deadline, the parameters provide Iran with sanctions relief in exchange for limits on its uranium enrichment, converting its Arak heavy water reactor, limiting the number and type of centrifuges, and agreeing to intrusive inspections. Should Iran cheat or fail to uphold its end of the bargain, however, the United States and its allies reserve the right to “snap-back” into place tough economic and financial sanctions..."

"Since 1983, a closed fuel cycle has been an official element of China's nuclear energy policy. According to proponents, plutonium reprocessing and breeder reactors will allow full utilization of China’s uranium resources, drastically reduce the volume of radioactive waste that must be stored in an underground repository, and establish a way to dispense with the spent fuel accumulating in China’s reactor pools. But Beijing's attempts to develop commercially viable reprocessing facilities and breeder reactors have been afflicted with technological difficulties, serious delays, and cost overruns. At this point—especially taking into account China's ample uranium resources and its easy access to additional resources abroad—it appears very doubtful that reprocessing and fast reactors are the proper way forward for China's nuclear energy sector..."

In this op-ed for Iran Matters, Aaron Arnold provides a crucial update on the status of the economic sanctions placed on Iran. He argues that in the short term, a lack of sanctions relief will continue to damage the Iranian economy and undercut efforts by the Rouhani Administration to revitalize growth. However, he points out that new developments in the global economy, such as the creation of an alternative to the SWIFT financial messaging system pushed by Russia and China, will possibly degrade the effectiveness of sanctions in the long run.

"In the dark days at the turn of the year, all but a few bits of U.S.-Russian cooperation to strengthen nuclear security in Russia came to a halt.  No longer, for now at least, will U.S. experts work with counterparts at major Russian nuclear facilities to implement better means to prevent insiders from stealing fissile material, or to improve accounting, so a theft would be quickly detected..."

"For US regulators, 2014 was a banner year for collecting fines against sanctions violators, according to The Economist. In June, BNP Paribas—France’s largest bank, and one of the largest in the world—agreed to shell out $9 billion to the US Department of Justice for violating sanctions against Cuba, Iran, and Sudan. This past month, US regulators slapped Germany’s Commerzbank—the country’s second-largest bank, with a similar global presence—with a $1 billion fine, after launching an investigation into its dealings with sanctioned countries. The increases in fines have signaled an aggressive, zero-tolerance policy toward violators, as well as a willingness to use the extraterritorial provisions of sanctions, which allow regulators to punish foreign-based banks..."