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U.S., Vietnam sign nuclear trade agreement via The Global and Mail

Bandar Seri Begawan (Brunei) (AFP) – The United States signed a civilian nuclear pact with Vietnam on Thursday under which Hanoi committed not to produce ingredients for atomic weapons, US officials said.

US Secretary of State John Kerry and Vietnamese Prime Minister Nguyen Tan Dung announced the deal, known as the “123 agreement” on the sidelines of the East Asia Summit in Brunei.

The agreement, which could potentially lead to future sales of US nuclear reactors in Vietnam, “will create numerous opportunities for our businesses between our two countries”, Kerry said.

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Under the agreement Vietnam has pledged “not to acquire sensitive nuclear technologies, equipment, and processing”, a senior US administration official told reporters.

Once the deal has been approved by US President Barack Obama, it will be subject to a 90 day review by the US Congress. If there is no action by lawmakers, the bill will go into force.

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