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Advocates Philippines
PH And U.S. Enter Nuclear Energy Agreement
Screengrab from RTVM
In a historic move hailed as the fastest agreement in nuclear energy history, the Philippines and the United States signed the "Agreement for Cooperation Concerning Peaceful Uses of Nuclear Energy," commonly known as the 123 Agreement.
President Marcos expressed gratitude to negotiating teams, especially those from the United States, emphasizing the significance of this swift accomplishment.
At the 30th Asia-Pacific Economic Cooperation (APEC) Leaders’ Meeting in San Francisco, President Marcos declared the 123 Agreement as a pivotal first step in enhancing bilateral relations with the United States.
He anticipates nuclear energy becoming a crucial component of the Philippines' energy mix by 2032 through collaboration with American providers.
Department of Energy (DOE) Secretary Raphael Lotilla and US Secretary of State Anthony Blinken signed the agreement, marking a substantial advancement in capacity building and opening avenues for U.S. companies to invest in Philippine nuclear power projects.
President Marcos, reflecting on his commitment to an energy-secure and green Philippines, highlighted the cooperation between Manila Electric Co. (Meralco) and Ultra Safe Nuclear Cooperation (USNC) for a Pre-Feasibility Study on Micro-Modular Reactors.
Secretary Blinken praised President Marcos' ambitious goals to reduce greenhouse gas emissions by 75 percent and increase clean energy production. The 123 Agreement underscores the commitment of both nations to prioritize clean energy and address pressing global challenges.
Secretary Lotilla expressed gratitude for President Marcos' support and highlighted the adherence to International Atomic Energy Agency standards in the agreement. The comprehensive cooperation aims to support sustainable development goals, including plant breeding, livestock production, and pest control.
President Marcos expressed gratitude to negotiating teams, especially those from the United States, emphasizing the significance of this swift accomplishment.
At the 30th Asia-Pacific Economic Cooperation (APEC) Leaders’ Meeting in San Francisco, President Marcos declared the 123 Agreement as a pivotal first step in enhancing bilateral relations with the United States.
He anticipates nuclear energy becoming a crucial component of the Philippines' energy mix by 2032 through collaboration with American providers.
Department of Energy (DOE) Secretary Raphael Lotilla and US Secretary of State Anthony Blinken signed the agreement, marking a substantial advancement in capacity building and opening avenues for U.S. companies to invest in Philippine nuclear power projects.
President Marcos, reflecting on his commitment to an energy-secure and green Philippines, highlighted the cooperation between Manila Electric Co. (Meralco) and Ultra Safe Nuclear Cooperation (USNC) for a Pre-Feasibility Study on Micro-Modular Reactors.
Secretary Blinken praised President Marcos' ambitious goals to reduce greenhouse gas emissions by 75 percent and increase clean energy production. The 123 Agreement underscores the commitment of both nations to prioritize clean energy and address pressing global challenges.
Secretary Lotilla expressed gratitude for President Marcos' support and highlighted the adherence to International Atomic Energy Agency standards in the agreement. The comprehensive cooperation aims to support sustainable development goals, including plant breeding, livestock production, and pest control.
Nov 17, 2023
