Kazakhstan makes progress toward nuclear peace
NRG Expert recently highlighted several aspects of Kazakhstan's progressive national policy that are guiding the country toward being a peaceful nuclear industry leader. Kazakhstan was once the 4th largest nuclear force in the world following the collapse of the Soviet Union. After implementing a strict anti-proliferation policy and transferring its inherited nuclear weapons to Russia by 1995, Kazakhstan looks to be a leader in the peaceful and safe use of nuclear technology for economic development.
Kazakhstan is working with the International Atomic Energy Agency on plans to develop a nuclear fuel bank to provide access to fuel for civilian reactors and discourage countries from developing domestic capacity for uranium enrichment. The plan could deter some countries from trying to develop their own weapon-grade materials. By providing a source of low-enriched uranium through the transparent, internationally monitored system, Kazakhstan could help to deter nuclear proliferation.
Kazakhstan contains significant nuclear resources, with an estimated 15 percent of the world's uranium reserves and 35 percent of global uranium production as of 2011. If the country's plan with the IAEA is successful, the proposed fuel bank could not only reduce weapons proliferation, but it could also safeguard against fuel supply disruptions to add stability to global markets.