You are here: Home » News-IANS » Politics
Business Standard

US moves to limit nuclear sales to China

IANS  |  Washington 

will limit sales of Washington's to out of concerns that it is being diverted for military and other unauthorized purposes, a top said.

"The US cannot ignore the national security implications of China's efforts to obtain outside of established processes of US-civil nuclear cooperation," of Energy said in a statement on Thursday.

The decision is the result of a broad government policy review led by the and is driven by Beijing's efforts to obtain advanced technology, nuclear material and equipment from US companies, reports

"The administration concluded that a change in US civil nuclear cooperation with is necessary to strike an appropriate balance between long-term risks to US national security and economic interests and the impact to the US nuclear industrial base," an told the media on Thursday.

The review, which examined the economic and national security ramifications, was prompted by China's efforts to gain US intellectual property, sometimes illicitly, in ways that undermine American businesses and the military.

The said China was "actively pursuing our advanced for diversion to military use in its third-generation nuclear power submarine, in the development of a and in strategic dual use nuclear-powered platforms, such as small modular reactors and floating nuclear power plants deployable in the Sea".

The move comes as the US is waging a trade war against China, with roughly half the products sells to each year now facing tariffs.

has retaliated with its own penalties on American products.

The new policy, which goes into effect immediately, sets guidelines for all existing, pending and future to China.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, October 12 2018. 13:16 IST