India and European Union to Collaborate on Peaceful Uses of Nuclear Energy Under Euratom Deal
India and the European Union have committed to promoting collaboration on the peaceful uses of nuclear energy through the India-Euratom agreement. This partnership focuses on research and development in nuclear science, technology, and safety. Key areas include fusion energy research via the International Thermonuclear Experimental Reactor (ITER) and non-power applications of atomic energy like radio-pharmaceuticals. The two sides also discussed the Carbon Border Adjustment Mechanism (CBAM), which remains a point of contention due to its impact on Indian iron and steel exports, with India seeking flexibility under the regulation.
Key Points
- The collaboration falls under the research and development agreement signed with Euratom in July 2020.
- Focus areas include nuclear security, radiation safety, and the use of nuclear technology in health and agriculture.
- India and the EU are both partners in the ITER project, aimed at developing fusion energy.
- The EU's CBAM is a major sticking point, as it imposes tariffs on carbon-intensive imports like steel.
Exam Facts
- Euratom is the European Atomic Energy Community.
- The Horizon Europe programme is the EU's key funding mechanism for research, which India seeks to join.
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