Washington D.C. – Web Desk: The United States and Saudi Arabia have signed a landmark nuclear cooperation agreement, known as a 123 Agreement, along with a bilateral safeguards agreement, the US Energy Department announced on Wednesday .
Key Provisions
The agreements establish the legal basis for a “decades-long, multi-billion-dollar partnership” advancing commercial ties, energy cooperation, and nuclear nonproliferation objectives . The deal provides “great access” for American companies in the Saudi nuclear energy program, benefiting US industry, workers, and supply chains while helping meet Saudi energy needs .
Strategic Significance
Energy Secretary Chris Wright said the agreement reflects a “shared commitment to strengthening US-Saudi commercial relations, delivering prosperity at home and security to our allies abroad.” He emphasized that the partnership upholds “the highest standards of nuclear safety and nonproliferation” .
The deal is expected to expand US nuclear technology exports, create high-paying American jobs, strengthen US energy and national security, and reinforce global nonproliferation standards .
Next Steps
The agreement will now be transmitted to Congress for review .
