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To: Bobby Yellin who wrote (5994)	1/15/1998 10:58:00 PM
From: goldsnow	Read Replies (2) \| Respond to of 116779

Clinton certifies China meets nuclear requirements 07:03 p.m Jan 15, 1998 Eastern By Steve Holland NEW YORK (Reuters) - The United States has formally certified China has met nuclear nonproliferation requirements, smoothing the way for U.S. industry to seek orders for China's nuclear power program, the White House said Thursday. ''China has met the nuclear nonproliferation requirements and conditions necessary under U.S. law to engage in peaceful nuclear cooperation with U.S. industry,'' White House spokesman Mike McCurry said in a statement issued during a visit to New York by President Clinton. McCurry said Clinton on Monday signed the formal certifications and reports required by U.S. law to implement an agreement on nuclear cooperation reached during Clinton's October summit in Washington with Chinese President Jiang Zemin. Clinton submitted the documents to Congress, which has 30 legislative days to review them. Provided Congress does not block implementation of the U.S.-Chinese agreement -- and there does not appear to be serious opposition to it -- U.S. companies may then compete for China's burgeoning nuclear power business, estimated to be worth $60 billion through 2002. ''This agreement serves U.S. national security and economic interests and demonstrates that the administration's policy of engaging China is achieving concrete results,'' McCurry sad. He added, ''We will continue to work with the Chinese government to strengthen our cooperation on other arms control and nonproliferation issues.'' Clinton based his decision to go ahead with the agreement on China's secret written assurance it would end all new nuclear cooperation with Iran and quickly phase out two existing projects. Poised to submit bids to build nuclear power plants in China are Westinghouse Electric Corp. and ABB Combustion Engineering Nuclear Systems. General Electric Co. has said it may wait. The United States had long complained about China's willingness to export sophisticated weapons and nuclear technology to troublesome countries like Iran and Pakistan. But senior officials have increasingly argued that Beijing is building a markedly better record of commitments and behavior. The nuclear agreement was one of the most significant results of Clinton's meeting with Jiang. In a letter to relevant members of Congress released by the White House on Thursday, Clinton said the Chinese government ''has made substantial strides in joining the international nonproliferation regime and in putting in place a comprehensive system of nuclear-related nationwide export controls.'' He said he had certified that ''China has provided clear and unequivocal assurances to the United States that it is not assisting and will not assist any non-nuclear-weapon state, either directly or indirectly, in acquiring nuclear explosive devices. ...'' Copyright 1998 Reuters Limited. All rights reserved.