US pledges $50 million for peaceful nuclear energy use

US pledges $50 million for peaceful nuclear energy use
# 04 May 2010 15:47 (UTC +04:00)
Baku - APA-Economics. The United States announced Monday a campaign to raise 100 million dollars over five years to help developing countries gain better access to the peaceful uses of nuclear energy, Raw Story reported.

The State Department said US Secretary of State Hillary Clinton will announce the campaign in her speech before delegates at the nuclear Non-Proliferation Treaty (NPT) review conference at the United Nations.

"The United States has pledged 50 million dollars to this effort and will work with others to meet the 100 million dollar target by the opening of the next NPT Review Conference," it said in a statement.

The funds are earmarked for projects sponsored by the International Atomic Energy Agency (IAEA) to that will help meet energy demand and be used for humanitarian purposes, such as boosting cancer treatment and fighting infectious diseases.

It will also be aimed at boosting "food and water security, and at the development of infrastructure for the safe, secure use of civil nuclear power," it said.

"These efforts will be aimed to assist developing countries," it said.
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