The United States and the Philippines strengthened their clean energy partnership with the recent entry into force of the Agreement for Cooperation in Peaceful Uses of Nuclear Energy, also known as the 123 Agreement.
This agreement unlocks new opportunities for collaboration on clean energy solutions and bolsters energy security for both nations. Together, the U.S. and the Philippines can make significant strides towards achieving shared climate goals.
Building a Safe and Modern Civil Nuclear Sector in the Philippines
The 123 Agreement establishes a framework for peaceful nuclear cooperation, allowing the transfer of materials,equipment, and expertise for the development of a safe, secure, and modern civil nuclear sector in the Philippines. This collaborative effort will prioritize:
- Skilled Workforce Development: Building a strong talent pool to ensure the safe and effective operation of nuclear facilities.
- Robust Regulations: Implementing comprehensive safety and security standards aligned with international best practices.
- Strong Commercial Partnerships: Fostering collaboration between U.S. and Philippine companies to advance clean energy solutions.
The U.S. remains committed to working closely with the Philippines to achieve these goals and further strengthen the U.S.-Philippines partnership.
What is a 123 Agreement?
Civil nuclear cooperation agreements, or 123 Agreements, are legal frameworks that enable the U.S. to export peaceful nuclear materials and technology to partner countries. This specific agreement demonstrates a shared commitment to nuclear non-proliferation.