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Japan, Saudi Arabia to talk on nuclear technology export

Published By United Press International
JEDDAH, Saudi Arabia, May 1 (UPI) -- Japan and Saudi Arabia agreed to discuss conducting negotiations for the export of Japanese nuclear energy technologies, an official said.

The agreement for working-level talks on the subject was reached between Japanese Prime Minister Shinzo Abe and Saudi Crown Prince Salman bin Abdulaziz al-Saud, Kyodo News reported.

Abe was quoted as telling the prince, "Japan is enhancing the safety level of its nuclear plants" since the 2011 earthquake crippled the Fukushima-Daiichi nuclear plant.

Since the March 2011 disaster, 48 of Japan's 50 nuclear reactors have been idled. This has led to sharply higher costs for electricity in Japan due to a greater reliance on imported oil. Energy import costs have risen sharply with the weakening of the Japanese yen.

Japan also needs to increase its exports for economic recovery.

A Japanese official told Kyodo that Abe asked the Saudis to continue providing a stable supply of oil to meet growing demand. Saudi Arabia accounted for 30 percent of Japan's imports in 2011.

Abe and Salman also agreed to begin dialogue to enhance ties in political and national security areas, Kyodo reported, quoting the official.

In a statement, the two leaders called for promoting the safety of sea lanes and cooperation in nuclear and renewable energies, the report said.

Abe arrived in Saudi Arabia after visiting Russia. He was also to visit the United Arab Emirates and Turkey.
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Race winner Bradley Wiggins of Great Britain (C) stands between second place finisher Christopher Froome of Great Britain (L) and third place finisher Vincenzo Nibali of Italy on the presentation podium following the final stage of the Tour de France in Paris on July 22, 2012. Wiggins of Great Britain became that country's first ever overall winner of the Tour de France. UPI/David Silpa