UAE to set up nuclear agency

[JCMach1]

Source: Gulf News

Abu Dhabi: The UAE will set up an agency to assess and develop a peaceful and "fully transparent" nuclear energy programme, WAM reported on Sunday.

The decision to establish the agency, with an initial capital of Dh375 million, follows an agreement signed with France in January to help the UAE develop a peaceful programme that will not include the process of enriching uranium, the most sensitive part of the project. Instead, the UAE will import the nuclear fuel from "a trusted foreign source", WAM said.

The move was approved at the Cabinet meeting on Sunday, chaired by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai...

Read more: http://www.gulfnews.com/nation/Government/10199893.html

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I really don't see the need for nuclear here... gives me the willies knowing how my mechanics treat my car much less a power plant! Yikes!

[DRoseDARs]

1. Well, the king probably sees the writing on the wall that his country's oil money WILL 1 day dry up.

He has been modernizing a lot and is probably just planning for his country's future now while he still has authoritarian power to make it happen.