UAE. The UAE on Sunday decided to set up an agency to assess and develop a peaceful nuclear energy programme.According to state news agency WAM, the memorandum, presented by Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan, was approved during a Cabinet meeting chaired by Sheikh Mohammad bin Rashid Al Maktoum, vice president and prime minister of the UAE and ruler of Dubai.The decision to establish the agency, with an initial capital of AED375 million (US$102 million), follows an agreement signed with France in January to help the UAE develop a peaceful programme that will not include the process of enriching uranium.
The complete details on the program will soon be published in line with the UAE’s keenness to deal with the international community transparently, Sheikh Abdullah said. Awareness programs on the nuclear energy project will be introduced, he added.
