By Meredith Buel Washington
08 September 2008
The United States has pulled out of an agreement with Russia for civilian nuclear cooperation. VOA correspondent Meredith Buel has details from Washington. U.S. Secretary of State Condoleezza Rice said in a statement that President Bush is notifying Congress he is rescinding a request for consideration of the nuclear cooperation deal with Moscow.The nuclear agreement, which would have required U.S. congressional approval, was signed earlier this year in Moscow and was designed to allow U.S. and Russian companies to become partners in joint ventures involving the nuclear industry. Analysts say business generated by the agreement could have been worth billions of dollars. In the statement read by State Department spokesman Sean McCormack, Rice says U.S. nonproliferation goals contained in the agreement remain valid, but the timing is not appropriate for such an accord....
