Sun. Jul 14th, 2024

Washington D.C., July 8, 2024

On July 2, the United States and Philippines’ Agreement for Cooperation in Peaceful Uses of Nuclear Energy (or “123 Agreement”) entered into force.  The Agreement will enhance the cooperation on clean energy and energy security and strengthen our long-term bilateral diplomatic and economic relationships.

Energy security is an increasingly critical global challenge requiring deliberate collaborative efforts, and together our two countries can make a significant contribution to our shared clean energy goals.  Nuclear energy can help achieve these vital global climate change and energy security targets, and we look forward to exploring new avenues of cooperation with the Philippines in civil nuclear energy and other clean energy initiatives.  This Agreement builds on the nearly 80 years of peaceful nuclear cooperation between our nations and establishes a framework for continued U.S. civil nuclear trade with the Philippines.  This Agreement is part of broader U.S. efforts to develop the Philippines’ civil nuclear sector.  Creating a safe, secure, and modern sector requires a skilled workforce, robust regulations, and strong commercial partnerships.  Our government is committed to working with the Philippines to advance each of these areas and we look forward to further building our partnership together.

Civil nuclear cooperation agreements, also known as 123 Agreements, provide a legal framework for exports of nuclear material, equipment, and components from the United States to another country.  This Agreement provides a comprehensive framework for peaceful nuclear cooperation with the Philippines based on a mutual commitment to nuclear nonproliferation.  It will permit the transfer of nuclear material, equipment (including reactors), components, and information for nuclear research and civil nuclear energy production.

Source – U.S. State Department


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