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

Brazilian Moltec Taking Their Fancy Dresses and Accessories to the Emirates

Moltec, factory from the southeastern Brazilian state of Minas Gerais, wishes to expand their ...

Electricity for All by 2008 is Doable, Says Brazil

The goal of making electric energy available by 2008 to 12 million Brazilians who ...

Seven Suitors to a Speaker’s Chair in Brazil

As Brazil’s political party leaders met to work out the details of the election ...

Brazilian Tourism Company Looking for Asian and Arab Investors

Gold Sea, a new Brazilian tourism company, was established last week, in the city ...

Machado de Assis, an Unlikely Genius from the 19th Century, Is Still a Brazilian Treasure

Now and then, man, nature, fate, and free will conspire to produce an unlikely ...

Brazil’s Smooth Observer

André Vasconcellos’s Observatório is a fresh album, which should have a certain amount of ...

Lula Says Brazil Is in Charge of Own Destiny, But Needs 10 More Years of Solid Growth

Brazilian President Luiz Inácio Lula da Silva declared Tuesday, December 20, that by paying ...

NGOs Urge Brazil to Speed Up Process of Breaking AIDS Drugs Patent

In order to alleviate budgetary problems in Brazil’s AIDS program  some 700 activists are ...

With a Name Like Aladim, This Brazilian Firm Had to Become a Hit in the Middle East

The United Arab Emirates, Oman, Algeria and Egypt, in a little over one year ...

5% of Brazil’s GDP Goes on Red Tape and Then You Have Corruption

A survey by the Rio de Janeiro American Chamber of Commerce, in Brazil, found ...