The agreement between the Philippines and the United States, also known as the 123 Agreement, which would allow the latter to export nuclear technology to the country for peaceful uses has taken effect.
“The Agreement will enhance our cooperation on clean energy and energy security and strengthen our long-term bilateral diplomatic and economic relationships,” the US State Department said in a statement.
According to the Department of Energy (DOE), The Philippines was informed that it had completed its domestic requirements in the agreement last June 26, 2024.
“This Agreement provides for the safe and secure use of nuclear energy for peaceful purposes, for information, knowledge, and technology exchange related to nuclear safety, security, and non-proliferation,” DOE Secretary Raphael Lotilla said in a separate statement.
Lotilla added that the cooperation aims to facilitate the transfer of information, nuclear material, equipment, and components, considering the standards set by the International Atomic Energy Agency (IAEA), national laws, and international agreements and regulations.
“The 123 Agreement will pave the way for the transfer of information and expertise, nuclear material, equipment, and components directly between the Philippines and the US or through persons authorized by their respective authorities to engage in transfer activities, which will support potential nuclear power projects with US providers,” Lotilla said.
Currently, the Nuclear Energy Program-Inter-Agency Committee is finalizing the country’s nuclear energy roadmap that outlines the target needed for the successful use of nuclear energy in power generation.
Under the 2023 to 2050 Philippine Energy Plan (PEP), the country looks to have 1,200 MW of nuclear power by 2032.
