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123 Agreements, so named for they are laid out in section 123 of the Atomic Energy Act of
1954, allow for the sharing of nuclear technologies and materials between the United States and
another country. The gold standard was introduced in the U.S. – UAE 123 Agreement for
Peaceful Civilian Nuclear Energy Cooperation. The standard is met when a country voluntarily
commits to forgo domestic uranium enrichment and reprocessing of spent fuel and raw materials.
This standard will have two minor modifications to reflect concerns and realities in the
current international community. First, it will ensure that a country will be guaranteed access to
the materials it needs regardless of the geopolitical situation in order to allay concern of
becoming economically hostage by nuclear fuel. Second, a set of criteria will be developed that
will provide the ability for a country to obtain most favored nation status which allows them to
retain and operate reprocessing and enrichment facilities. This is necessary in order to greatly
reduce the amount of hot nuclear waste that must be stored as well as making the entire nuclear
fuel cycle significantly more efficient and cost effective.
The U.S. will continue to lead the way in peaceful nuclear energy use and technology. These
agreements will promote a more clean energy producing system and foster healthy diplomatic
relations with countries around the world. The Administration welcomes all countries that
support the goals of peaceful nuclear energy use, that work to prevent the proliferation of nuclear
technologies and materials that might be diverted from their intended purpose, and act in good
faith in creating a safer more prosperous world.