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US strategy to boost global nuclear energy cooperation and advanced reactor exports.

This Act aims to establish a cohesive US government strategy to promote American civil nuclear technology globally, particularly in nations developing their nuclear programs. Citizens may feel an indirect impact through strengthened US leadership in global energy, potentially enhancing energy security and creating new export opportunities for US companies. Key provisions include establishing a new White House office to coordinate these efforts and providing financial support to partner nations to build secure nuclear programs, steering them away from Russian and Chinese technology.
Key points
Establishment of a new White House Office (Director for International Nuclear Energy Policy) to coordinate civil nuclear export strategy and cooperation.
Creation of a 10-year civil nuclear trade strategy, including biennial targets for exporting US nuclear technologies and advanced reactors.
Financial and technical assistance (up to $5.5 million in grants) for nations embarking on civil nuclear programs to help them build safe infrastructure and legal frameworks.
Enhanced cooperation with allies to jointly demonstrate and deploy advanced nuclear reactors, including cost-sharing financing arrangements.
Formation of a working group to assess the feasibility of creating a Strategic Infrastructure Fund to support critical nuclear and microprocessor projects.
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Additional Information
Print number: 118_S_826
Sponsor: Sen. Manchin, Joe, III [D-WV]
Process start date: 2023-03-15