Brazil’s Puts Up US$ 1 Billion for Membership In Nuclear Fusion Club

France's ITER Brazil seems determined to join the world's exclusive club of nuclear research and is willing to contribute with a billion US dollars to participate in the ambitious International Thermonuclear Experimental Reactor, ITER project in France.

According to the well informed daily O Estado de S. Paulo, Brazil is currently negotiating a nuclear cooperation agreement with the European Community which should enable scientific and development research exchange with one of the world's leading groups in the field.

The agreement hopefully is scheduled to be signed some time next October.

"The agreement with the EU opens the way for an even more ambitious Brazilian project which is the integration to the ITER project," said Odair Dias head of the country's National Committee on Nuclear Energy.

Brazil refers to the ITER project as an "exclusive club" undertaking made up of representatives from the European Union, Russia, China, India, Japan and South Korea and is hopeful the EU will give Brazil its support.

The Brazilian government has said it is willing to contribute with a billion US dollars to be part of the project which, in 2014, will mount in Cadarache, France, a reactor to experiment with nuclear fusion and its possible uses for the generation of electricity.

ITER member countries, which are linked to the International Atomic Energy Agency, have a right to make use, without paying royalties of the possible discoveries obtained from the experimental reactor.

Last week Mines and Energy Minister Edison Lobão said Brazil is planning to build 60 atomic energy plants in the next sixty years, and that in coming months work in the Angra III plant, frozen since the eighties, will resume.

Mercopress

Tags:

You May Also Like

US Private Prison Industry Booming Thanks to Immigrant Inmates

Immigrants are behind one of America's fastest growing, most profitable industries. That shouldn't come ...

New York Gets to See Documentary on Brazil’s Black Rebel Slaves Villages from 1600s

Quilombo Country, the award-winning documentary about Brazilian villages founded by escaped and rebel slaves, ...

Brazilian Bank Lends US$ 265 Million for Sugarcane Plastic

Brazilian petrochemical company Braskem will receive financing of 555.6 million Brazilian reais (US$ 265 ...

In Brazil, Investigative Journalism May Mean Death Sentence for the Reporter

Brazil is booming.  Latin America’s largest and most populous nation recently surpassed the United ...

Lucky Brazilians! They Have Six Obamas to Choose From

Barack Obama is running for mayor in Belford Roxo, a little town close to ...

Lower Interest Expectation Warms Up Brazilian Stocks

Latin American markets were mixed to higher, with Brazilian stocks gaining on expectations of ...

Tarciso

The dreams started to become confusing: those men full of open wounds would get ...

Brazil Ready to Eliminate Tariffs for Poorest Countries

One of the topics on the agenda of the 6th Ministerial Conference of the ...

Land Conflicts Up in Brazil

Last year, 39 people were murdered in land-related conflicts in all Brazilian territory. Although ...

The Real Lesson of Brazil’s Cicarelli Hot Video and YouTube Ban

Usually I write about political stuff. Or serious things. But stay with me. This ...

WordPress database error: [Table './brazzil3_live/wp_wfHits' is marked as crashed and last (automatic?) repair failed]
SHOW FULL COLUMNS FROM `wp_wfHits`