Bilateral Cooperation Between the United States and Vietnam Essay

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On 24th February, U.S President Barack Obama has ratified an agreement on civil nuclear cooperation between U.S and Vietnam, which enables America to join the market of civil nuclear energy in Vietnam and creates opportunity for them to sell reactors to Vietnam. According to The Associated Press, this is a sign of strengthening the bilateral cooperation between the two countries.
Vietnam and the U.S Government have reached an agreement on civil nuclear cooperation in October 2013 on the sidelines of 23th summits Association of Southeast Asian Nations (ASEAN).
After being ratified by President Barack Obama, this agreement will be taken under consideration within 90 days by American Congress. If there is no disapproval idea from lawmakers
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On 24th February, U.S President Barack Obama has ratified an agreement on civil nuclear cooperation between U.S and Vietnam, which enables America to join the market of civil nuclear energy in Vietnam and creates opportunity for them to sell reactors to Vietnam. According to The Associated Press, this is a sign of strengthening the bilateral cooperation between the two countries.
Vietnam and the U.S Government have reached an agreement on civil nuclear cooperation in October 2013 on the sidelines of 23th summits Association of Southeast Asian Nations (ASEAN).
After being ratified by President Barack Obama, this agreement will be taken under consideration within 90 days by American Congress. If there is no disapproval idea from lawmakers in Washington, the agreement will officially take effect.
According to the agreement, Vietnam commits to use nuclear power from international market instead of self-enriching uranium or recycling plutonium.
In protocol to U.S Department of Energy, Obama wrote “I have determined that the enforcement of this agreement promotes Defense and Security to develop without any risk.”
Vietnam plans to have the first nuclear plant operate for commercial purpose in 2020 and nuclear power will supply 10% necessary power in our country in 2030. http://vneconomy.vn/20140225103344709P0C99/my-phe-chuan-thoa-thuan-hat-nhan-dan-su-voi-viet-nam.htm The first increasing in price of oil in 2014
In the evening of February 21st, Ministry of Finance and Industry
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