Selling Nuclear Technology
The sale of United States nuclear technology to other countries has gained more criticism, especially in light of the September 11 attacks and the current war against Iraq. Despite these security concerns, however, many corporations still advocate efforts to repeal federal laws regarding the sale of such technology to countries such as China. This paper examines the pros and cons of both positions, paying particular attention to the history and ramifications of continued sale of nuclear technology.
The United States should continue selling nuclear technology
Common perception holds that foreign countries like China, Pakistan and Algeria are the main supporters of the sale United States nuclear technology. However, many American companies such as Westinghouse, Bechtel and General Electric support the move to allow the export of American nuclear technology and parts to countries such as China.
For these companies, the reasons are economic. Domestic demand for nuclear technology has decreased drastically in the environmentally conscious 1990s. Many nuclear energy companies were thus forced to look elsewhere to market their technologies. An official at the ABB Combustion Engineering, for example, states that the survival of many such companies rely on their ability to open plants in China -- a move that could generate at least $40 billion for the beleaguered industries.
Increasingly, the American nuclear industry has had to look outside the country for more markets. The Chinese, for example, represents 50 to 75% of new market of nuclear technology.
Proponents of lifting trade restrictions on the transfer of nuclear technology also argue that when used judiciously, the sharing of nuclear technology with friendly countries could foster stronger national ties. Such ties would be even more important as the Bush administration tries to rally support for the war against terrorism.
The Bush administration, for...
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