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U.S.-Saudi “123 Agreement” Signed
The U.S. and Saudi Arabia sign the “123 Agreement,” a civil nuclear cooperation agreement and a bilateral nuclear safeguards agreement. The deal is reported as a 30-year multi-billion-dollar arrangement linked to conditions on Saudi Arabia’s ties with Israel and participation in the Abraham Accords.
U.S.-Saudi “123 Agreement” (Civil Nuclear Cooperation):
| Dimension | Key Details |
|---|---|
| Agreement package | Comprises a civil nuclear cooperation agreement and a bilateral nuclear safeguards agreement. |
| Legal basis (U.S.) | Established under the Atomic Energy Act of 1954 of the USA. |
| Framework nature | Provides for a legal framework for peaceful nuclear cooperation between the United States and another country. |
| Duration and scale | Applies to a 30-year multi-billion-dollar deal. |
| Transfers enabled | Authorises the transfer of civil nuclear materials, technology, and equipment from the U.S. to Saudi Arabia. |
| Uranium enrichment provision | Authorises uranium enrichment on Saudi soil to produce fuel at a US-built enrichment facility, instead of relying on imported fuel. |
| Condition for Saudi Arabia | Mandates that Saudi Arabia join the Abraham Accords and normalise ties with Israel, or else the deal is off. |
| Participation clause | Provides for exclusive participation for American companies, including Westinghouse, to construct Saudi Arabia’s nuclear infrastructure. |
| Exclusion: “Gold Standard” safeguard package | The reported agreement does not comprise the “Gold Standard” safeguard package. |
| “Gold Standard” safeguard package | Usually mandates a bar on uranium enrichment and spent fuel reprocessing in the partner country. |
| Exclusion: IAEA Additional Protocol | The deal does not comprise the Additional Protocol of the International Atomic Energy Agency. |