Posts Tagged ‘civil nuclear’

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Atoms for Prosperity: ITA Leads Largest Ever U.S. Industry Delegation to 6th Annual U.S. Industry Program at the International Atomic Energy Agency General Conference

October 30, 2013

Chandra Brown is the Deputy Assistant Secretary of Commerce for Manufacturing.

Deputy Assistant Secretary Chandra Brown and other U.S. government officials with the industry delegation at the USA: Atoms for Prosperity Exhibit.

Deputy Assistant Secretary Chandra Brown and other U.S. government officials with the industry delegation at the USA: Atoms for Prosperity Exhibit.

In September, I led a delegation of twenty-seven U.S. companies and organizations to the U.S. Industry Program at the International Atomic Energy Agency (IAEA) General Conference in Vienna, Austria. The program helped U.S. civil nuclear companies showcase their world-class technology to foreign government decision makers and energy policymakers from around the world.

It was an important event to support U.S. businesses in a growing industry. The global civil nuclear market is estimated to be worth about $850 billion by 2020, which creates significant export opportunities for U.S. companies.

Throughout the program, I met with senior foreign government delegations, IAEA officials and international energy policymakers to highlight the benefits of U.S. nuclear technologies and how they can help countries meet their civil nuclear energy goals.

The companies had some 100 meetings with potential foreign government customers of civil nuclear energy products and technologies. These meetings enabled companies to highlight the benefits offered by U.S. civil nuclear companies and encourage market-friendly policies.

Company representatives also met with our civil nuclear trade specialists to learn about sales opportunities and Commerce Department services to help them win export sales.

The theme of this year’s U.S. Industry Program was “Atoms for Prosperity,” which captures the civil nuclear industry’s economic benefits as well as the United States’ commitment to the safe and secure expansion of nuclear energy for peaceful uses. This year marks the 50th anniversary of President Eisenhower’s 1953 speech, “Atoms for Peace.”

Several senior U.S. government officials also supported the event, including Department of Energy Secretary Ernest Moniz, Nuclear Regulatory Commission Executive Director Mark Satorius, White House Director for Nuclear Energy Policy Joyce Connery, and other officials from the Departments of Energy, State and the U.S. Export-Import Bank.

I am proud to have been part of such a distinguished industry delegation to Vienna to demonstrate before a global audience the U.S. Government’s strong support for its industry. This event is the first of many that will showcase the U.S. civil nuclear industry’s world-class technologies and services and help create jobs in the United States, while expanding our civil nuclear cooperation with other countries.

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ITA Leads Largest Ever Civil Nuclear Trade Policy Mission to Vietnam and China

June 13, 2013

Francisco J. Sánchez is the Under Secretary of Commerce for International Trade.

Under Secretary of International Trade Francisco Sánchez and U.S. delegation members meet with Vietnamese Minister of Science and Technology Nguyễn Quân and others in Hanoi, Vietnam.

Under Secretary of International Trade Francisco Sánchez and U.S. delegation members meet with Vietnamese Minister of Science and Technology
Nguyễn Quân in Hanoi, Vietnam.

This May, I was able to lead the largest ever U.S. Civil Nuclear Energy Trade Policy Mission to Hanoi, Vietnam, and Beijing and Ningbo, China. This mission enabled us to address important policy issues and highlight how U.S. civil nuclear technologies and services can help Vietnam and China meet their civil nuclear energy goals.

The U.S. government delegation included representatives from the White House, Department of Energy, U.S. Export-Import Bank, the U.S. Nuclear Regulatory Commission, and of course the U.S. Department of Commerce’s International Trade Administration. The industry delegation included 11 American companies in Vietnam and 15 in China.

Vietnam and China offer abundant opportunities to U.S. civil nuclear companies:

  • Vietnam is steadily developing its nuclear power program and its civil nuclear market is estimated to be worth $10 billion and expected to grow to $50 billion by 2030;
  • China is the world’s fastest growing civil nuclear market. 29 of the 65 reactors under construction globally are in China and the country’s nuclear industry is expected to grow to nearly $300 billion by 2020.

In Vietnam, our delegation met with government officials and also participated in a Best Practices workshop attended by 50 representatives from Vietnamese ministries, state-owned utilities, and regulatory agencies. Delegates shared their expertise on a variety of topics including safety improvements post-Fukushima, and how nuclear regulators and industry can cooperate to enhance nuclear safety.

In China, we met with eight ministries and companies to discuss policy issues such as liability, local content, and intellectual property rights. The mission concluded with a visit to China’s Sanmen nuclear power plant site, where the world’s first AP1000 reactor – designed by U.S. company Westinghouse – is being built.

Our trade mission also lined-up with other important events recognizing the value of our economic relationship with Asia.

This week, the U.S.-ASEAN Business Council is holding a series of meetings with U.S. businesses. I was also able to speak about the importance of Asia at the Hong Kong Trade Development Council’s Think Asia Think Hong Kong symposium in New York.

I am proud to contribute to our important trade relationship, and to have led such a distinguished delegation to these key civil nuclear export markets. This is another example of our efforts to help U.S. exporters find new opportunities to sell their goods and services and support American jobs.

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Civil Nuclear Trade Mission – Czech

July 19, 2010

Francisco J. Sánchez is the Undersecretary of Commerce for International Trade

We traveled from Poland to Prague, where the magnificence of the cobblestone streets and crumbling spires are as historic as the government tender that is currently open for bidding –  the two new nuclear power plants scheduled for building represent the largest single U.S. commercial opportunity not only in Czech, but in all of Europe.   The project is worth an estimated $27.5 billion, and will create thousands and thousands of jobs.  If Westinghouse, one of three companies in the final running along with competitors from France and Russia, wins the bid, billions of those dollars will represent new U.S. exports, and thousands of those jobs will be high-paying U.S. jobs.  We are promoting a fair and transparent procurement process, for if that happens, we are confident nobody can match the experience, expertise and technology of powerhouse Westinghouse.  This is what the National Export Initiative is all about.

After touring the actual Czech build site at Temelin, we traveled by bus through the sun-flowered rolling hills onwards to Slovakia and the charming capital of Bratislava.  One barely notices when crossing the border of these neighboring countries, and their commercial ties are deeply intertwined as well.  In fact, the largest energy project currently in the works would be constructed and operated as a joint venture – 51% owned by the Slovak government and 49% owned by the Czech Energy Works.  As we have throughout this trade mission, we enjoyed a warm welcome by our local staff as well as government counterparts, and candid discussions on opportunities and working together.  The tender here reflects the importance of financing in landing these enormous deals – as private financing must be secured for the entire cost of the project.  This is where our inter-agency efforts are critical, and our ability to provide access to capital and financing for our companies essential in enhancing our exports abroad.

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Civil Nuclear Trade Mission – Poland

July 19, 2010

Francisco J. Sánchez is the Undersecretary of Commerce for International Trade

I have spent the last few days in Warsaw, Poland, on the first stop of a Civil Nuclear Trade Mission.  Traveling with me are other member of the Department of Commerce, as well as team leads from the Department of State and the Department of Energy.  The impressive government team represents this Administration’s commitment not only to nuclear energy, but to working together as an inter-agency unit to fulfill the goals of the National Export Initiative.  We also have the pleasure of the company of nine of America’s top companies in the nuclear energy sector, as well as representation from our academic community.  Together we represent the leadership, skills, support, and partnership to help this region of the world meet their nuclear energy goals.  And our strong ally and friend Poland is the perfect place to start – here’s to old friendships and new partnerships!

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