PARIS--(BUSINESS WIRE)--Regulatory News:
New AREVA1 (Paris:AREVA) and its Chinese partner China National Nuclear Corporation (CNNC) signed today in Beijing, in the presence of the Prime Minister of People's Republic of China, Mr. Li Keqiang, and the Prime Minister of the French Republic, Mr. Bernard Cazeneuve, a framework agreement for an industrial & commercial cooperation.
Fruit of the long-standing cooperation between AREVA and CNNC this agreement covers the nuclear fuel cycle activities. It supports the on-going industrial negotiations between New AREVA and CNNC (Chinese commercial reprocessing-recycling plant project in particular) and opens up new industrial and commercial opportunities for both sides.
This agreement is a key step in the deepening of the civil nuclear
energy cooperation between France and China, and aligns with the
expectations set by the two governments in their Joint Statement on
Civil Nuclear Energy Cooperation of June 30, 2015.
Meanwhile the
capital of New AREVA remains open for an investment of CNNC within the
same framework as the agreements currently being finalized with two
investors.
MORE ABOUT NEW AREVA
New AREVA transforms nuclear materials so that they can be used to
support the development of society, first and foremost in the field of
energy.
The group offers products, technologies and services with
high added value throughout the entire nuclear fuel cycle, with
activities encompassing mining, uranium chemistry, enrichment, used fuel
recycling, logistics, dismantling and engineering.
New AREVA and
its 20,000 employees bring to bear their expertise and their mastery of
cutting-edge technology, as well as their permanent search for
innovation and their unwavering dedication to safety, to serve their
customers in France and abroad.
Tour AREVA – 1 Place Jean Millier – 92400 COURBEVOIE – France – Tel : +33 (0)1 34 96 00 00 – Fax : +33 (0)1 34 96 00 01 /1
1 Entity bringing together all of AREVA's nuclear fuel cycle activities
