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2018-03-07 14:35:00



IAEA - Iran is implementing its nuclear-related commitments under the Joint Comprehensive Plan of Action (JCPOA), IAEA Director General Yukiya Amano told the Agency's 35-member Board of Governors on Monday.

"As of today, I can state that Iran is implementing its nuclear-related commitments," he said in his introductory statement to the Board. "The JCPOA represents a significant gain for verification. It is essential that Iran continues to fully implement those commitments. If the JCPOA were to fail, it would be a great loss for nuclear verification and for multilateralism."

Mr Amano said IAEA inspectors had had access to all the sites and locations which they needed to visit. "The Agency continues to verify the non-diversion of nuclear material declared by Iran under its Safeguards Agreement," he added. "Evaluations regarding the absence of undeclared nuclear material and activities in Iran continue."

At a news conference later in the day, Mr Amano gave more details of the Agency's activities in Iran.

"Our inspection work has doubled since 2013. IAEA inspectors now spend 3,000 calendar days per year on the ground in Iran," he said. "We have installed some 2,000 tamper-proof seals on nuclear material and equipment. We collect and analyse hundreds of thousands of images captured daily by our sophisticated surveillance cameras in Iran — about half of the total number of such images that we collect throughout the world."

Nuclear safety and nuclear energy

Two key reports to be considered by the Board of Governors this week are the Nuclear Safety Review and the Nuclear Technology Review (NTR) 2018.

The Nuclear Safety Review provides a global overview of nuclear security trends and priorities for 2018 and beyond, and sets out how the IAEA plans to further strengthen its work in nuclear safety, including waste management, while the NTR highlights global developments related to nuclear power as well as to a broad range of applications, including food and agriculture and health care.

On nuclear security, Mr Amano informed the Board that the IAEA is implementing the Nuclear Security Plan 2018-2021, which the Board adopted in September last year.

He announced the launch of a new IAEA service to assist Member States in the development of infrastructure for nuclear research reactors. "The first Integrated Nuclear Infrastructure Review for Research Reactors (INIR-RR) mission was conducted last month in Nigeria," he said.

Mr Amano noted that the IAEA's energy modelling and planning tools were helping Member States to achieve the Sustainable Development Goals. "These tools, already used by nearly 150 countries and 21 international organizations, enable experts to plan a country's energy future, whether or not it includes nuclear power," he said.

Mr Amano informed the Board that this year's Scientific Forum in September will focus on climate change and the role of nuclear technology in reducing greenhouse gas emissions as well as in addressing the consequences of climate change.

Nuclear applications and technical cooperation

Mr Amano also noted the progress made in the modernization of the IAEA nuclear applications laboratories in Seibersdorf, near Vienna. This year, a new linear accelerator facility for the Dosimetry Laboratory will commence operations, while the new Flexible Modular Laboratory will be inaugurated in November. He expressed his gratitude to the 33 Member States, and other contributors, which have made over 32.5 million euros in financial and in-kind contributions to the modernization project.

Mr Amano said the most important Agency event this year would be the IAEA Ministerial Conference on Nuclear Science and Technology, which will take place in Vienna from 28 to 30 November.

"The conference will bring together ministers, technical experts and many others to consider how countries can make optimal use of nuclear science and technology in achieving their development goals", he said. Among the important issues to be discussed at the conference is how this technology can help countries to produce more food, generate more electricity, treat diseases such as cancer, manage their water supplies, and respond to climate change, he added.

Another area of importance highlighted was the IAEA technical cooperation (TC) programme — a key mechanism for the delivery of IAEA services to Member States under the Agency's Atoms for Peace and Development mandate. "In 2017, the TC implementation rate was 86.3%, an encouraging figure, which reflects the commitment and dedication of Member States and Agency staff, as well as increased regular budget funding for staff," Mr Amano said.

As examples of successful TC programmes, he noted the Agency's support for soyabean production in Indonesia, the launch of a new project entitled Educating Secondary Students and Science Teachers on Nuclear Science and Technology in the Philippines and support provided to Mexico after the 2017 earthquake to determine whether damaged structures are at risk of collapse.



2018, February, 27, 13:35:00


PLATTS - The Trump administration will not certify the Iran nuclear deal, US Vice President Mike Pence said Thursday, increasing the likelihood of re-imposition of US sanctions on international sales of Iranian crude.


2018, January, 24, 11:45:00


WNA - Iran produced 275 TWh gross in 2014, comprising 196 TWh from gas, 59 TWh from oil, both of which it has in abundance, 14 TWh from hydro which is less reliably available, and 4.5 TWh from nuclear power. Demand is growing about 4% per year, and Iran trades electricity with Afghanistan, Armenia, Azerbaijan, Iraq, Pakistan, Syria, Turkmenistan and Turkey. Net export is about 6 TWh/yr. Turkey and Iraq account for 90% of exports. Consumption in 2014 was about 223 TWh, per capita about 2700 kWh/yr.In mid-2015 generating capacity was 74 GWe, including 12 GWe hydro. The country plans to boost generating capacity to 122 GWe by 2022, with substantial export potential.


2018, January, 15, 09:50:00


PLATTS - On Thursday, US Secretary of State Rex Tillerson told reporters that Trump would likely announce the decision in the afternoon in Washington. If that deal unravels, 800,000 b/d of Iranian crude exports would be at risk, according to analysts.


2018, January, 8, 19:25:00


U.S.DT - "These sanctions target key entities involved in Iran's ballistic missile program, which the Iranian regime prioritizes over the economic well-being of the Iranian people. As the Iranian people suffer, their government and the IRGC fund foreign militants, terrorist groups, and human rights abuses," said Treasury Secretary Steven T. Mnuchin. "The United States will continue to decisively counter the Iranian regime's malign activity, including additional sanctions targeting human rights abuses. We will not hesitate to call out the regime's economic mismanagement, and diversion of significant resources to fund threatening missile systems at the expense of its citizenry."


2017, November, 1, 08:50:00


ROSATOM - On the 31st of October 2017, in the Bushehr Province (Iran) the work commissioning ceremony at the main building of power unit No. 2 of Bushehr NPP (Bushehr-2 project) was held.

2017, September, 18, 12:20:00


On Thursday, the administration extended certain sanctions on Iran's oil and banking sectors that have been suspended since the nuclear deal took place in January 2016.


2017, June, 20, 20:15:00


On 19 June 2017, ATOMEXPO-2017 IX International Forum in Moscow saw a contract signed between TVEL Rosatom Fuel Company and the Atomic Energy Organization of the Islamic Republic of Iran on delivering a reserve batch of Russian nuclear fuel of Advanced Fuel Assemblies (AFA) type for the first unit of the Bushehr NPP in 2017.



2018, June, 18, 14:00:00


IMF - Within the next few years, the U.S. economy is expected to enter its longest expansion in recorded history. The Tax Cuts and Jobs Act and the approved increase in spending are providing a significant boost to the economy. We forecast growth of close to 3 percent this year but falling from that level over the medium-term. In my discussions with Secretary Mnuchin he was clear that he regards our medium-term outlook as too pessimistic. Frankly, I hope he is right. That would be good for both the U.S. and the world economy.

2018, June, 18, 13:55:00


IMF - The near-term outlook for the U.S. economy is one of strong growth and job creation. Unemployment is already near levels not seen since the late 1960s and growth is set to accelerate, aided by a near-term fiscal stimulus, a welcome recovery of private investment, and supportive financial conditions. These positive outturns have supported, and been reinforced by, a favorable external environment with a broad-based pick up in global activity. Next year, the U.S. economy is expected to mark the longest expansion in its recorded history. The balance of evidence suggests that the U.S. economy is beyond full employment.

2018, June, 18, 13:50:00


U.S. FRB - Industrial production edged down 0.1 percent in May after rising 0.9 percent in April. Manufacturing production fell 0.7 percent in May, largely because truck assemblies were disrupted by a major fire at a parts supplier. Excluding motor vehicles and parts, factory output moved down 0.2 percent. The index for mining rose 1.8 percent, its fourth consecutive month of growth; the output of utilities moved up 1.1 percent. At 107.3 percent of its 2012 average, total industrial production was 3.5 percent higher in May than it was a year earlier. Capacity utilization for the industrial sector decreased 0.2 percentage point in May to 77.9 percent, a rate that is 1.9 percentage points below its long-run (1972–2017) average.

2018, June, 18, 13:45:00


IMF - South Africa’s potential is significant, yet growth over the past five years has not benefitted from the global recovery. The economy is globally positioned, sophisticated, and diversified, and several sectors—agribusiness, mining, manufacturing, and services—have capacity for expansion. Combined with strong institutions and a young workforce, opportunities are vast. However, several constraints have held growth back. Policy uncertainty and a regulatory environment not conducive to private investment have resulted in GDP growth rates that have not kept up with those of population growth, reducing income per capita, and hurting disproportionately the poor.

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