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Five G7 countries form alliance to displace Russia from international nuclear energy market

17 April, 2023 Monday
11:53
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On April 16, during a forum on the sidelines of the G7 summit, the US, Canada, the UK, France and Japan have formed an alliance to displace Russia out of the international nuclear energy market

The British Foreign Office reported the information.

The five countries will use the resources and capabilities of each country's civilian nuclear energy sectors to undermine Russia's control over the supply chain.

The agreement between the US, Canada, the UK, France, and Japan will maintain a stable supply of fuel for current needs and ensure safe, reliable fuel development for modern reactors.

"This agreement will be used as the basis for pushing Putin out of the nuclear fuel market entirely, and doing so as quickly as possible, to cut off another means for him to fund his barbaric attack on Ukraine and fundamentally leave Russia out in the cold," the department writes.

At a meeting of G7 energy ministers, British Energy Secretary Grant Shapps said that this, along with investments in cleaner, cheaper and safer renewable energy sources, would be a key part of Britain's energy independence.

"This is the next vital step, uniting with other countries to show Putin that Russia isn’t welcome anymore, and in shoring up our global energy security by using a reliable international supply of nuclear fuel from safe, secure sources.

We must stop being reliant on expensive and imported fossil fuels and focus on smarter energy solutions," Shapps emphasized.

  • Russia is building a storage facility for tactical nuclear weapons in Belarus. On March 31, self-proclaimed President of Belarus Alexander Lukashenko declared his readiness to accept strategic nuclear weapons from Russia, if necessary.

  • Subsequently, NATO Secretary General Jens Stoltenberg said that Russia's intention to deploy tactical nuclear weapons in Belarus was an attempt to intimidate the West, but the Alliance would not succumb to nuclear blackmail.

  • On April 4, Russian Defense Minister Sergei Shoigu said that Belarus had received Iskanders capable of using a nuclear charge.

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