CANCELLED — Renewing the Section 123 nuclear agreement with China: Implications for U.S.-China relations

** This event has been cancelled. **

As China moves to decrease greenhouse gas emissions in order to meet its 2030 climate change targets, nuclear energy is likely to play a major role in China’s future energy mix. Nearly 30 years ago, the United States and China developed a Section 123 agreement, which has allowed China to use U.S. technology to build up its nuclear fleet. This agreement has provided a strong foundation for Sino-U.S. cooperation and has significantly benefited the United States’ economy by allowing U.S. firms to export nuclear technology worth billions of dollars, which has generated tens of thousands of U.S. jobs. As the current Section 123 agreement is set to expire on December 30, 2015, the United States needs to decide this year whether or not to extend its terms.

On May 19, the Energy Security and Climate Initiative (ESCI) at Brookings will host a discussion on the future of the Section 123 agreement with China. Panelists will present an overview of the Section 123 agreement, including a discussion of how it has been implemented, its broader geopolitical context, its implications on the U.S. economy, and its importance in achieving U.S.-China climate emission reductions. Speakers will also address the implications of China’s program on nuclear nonproliferation and Sino-U.S. relations. ESCI Senior Fellow Charles Ebinger will moderate the discussion and audience Q&A.

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