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The John Batchelor Show

#NPEC: Buying Russian enriched uranium laundered by the PRC. Henry Sokolski, Nonproliferation Policy Education Center

The John Batchelor Show

John Batchelor

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4.52.8K Ratings

🗓️ 25 September 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

#NPEC: Buying Russian enriched uranium laundered by the PRC. Henry Sokolski, Nonproliferation Policy Education Center

1941

Transcript

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0:00.0

This is CBS, I am the world. I'm John Bachelor. Nuclear Power in the 21st Century.

0:09.6

I welcome Henry Sikalsky, the Executive Director of the Non-Proliferation Policy Education

0:14.4

Center, identifying a Reuters story that needs explanation.

0:20.0

And then, U.S. probes uranium imports from China to prevent circumventing Russian

0:26.1

banned. Timothy Gardner reporting within these last days.

0:30.3

Henry, a very good evening to you. This makes my head spin around so I want to make sure I understand at least the terms here.

0:38.0

The US is looking into something tricky that our adversaries China and Russia are up to.

0:45.0

Now, the sanctions on Russia are well known.

0:49.0

Sanctions on China are not well known if they exist. There's threats of secondary

0:54.3

sanctions if China for example uses its banks to clear Russian purchases

1:00.1

overseas. But right now the chief conversation between Washington and

1:05.9

Beijing have to do with tariffs. This doesn't mention tariffs. This talks about

1:10.6

uranium imports. What is China doing that worries us and how does

1:15.7

Russia get involved? Good evening to you Henry. Good evening it's always good to

1:20.6

be on your show. Thank you for having it.

1:24.0

China is selling enriched uranium to American utilities

1:37.5

at discount prices, which are very attractive because the utilities like to make what little money they can in the nuclear realm. It's a tough business.

1:52.2

Come to discover, however, the Energy Department is pretty convinced or worried that what the Chinese are selling is Ross Adam, Russian, enriched uranium that they bought from Russia.

2:00.0

And they're circumventing the ban that was passed by Congress and signed by the President

2:07.0

against any utility buying Russian enriched uranium or or for that matter.

2:15.0

So the question occurs, what should we do?

2:18.0

I think there's some discussion of, well, maybe we can put a higher tariff on on the importation but that doesn't make any sense.

...

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