The U.S. Department of Commerce (Commerce) and the State Atomic Energy Corporation Rosatom (Rosatom), on behalf of the Government of the Russian Federation, have signed a final amendment to the Agreement Suspending the Antidumping Investigation on Uranium from the Russian Federation (Agreement). This amendment extends the Agreement through 2040 and reduces U.S. reliance on uranium from Russia during that time period.
“This landmark agreement will contribute to the revitalization of American nuclear industry, while promoting America’s long-term strategic interests,” said Secretary of Commerce Wilbur Ross. “It represents yet another success for the Trump Administration’s America First approach to international trade agreements.”
The amendment is unchanged from a draft amendment released for public comment on
September 11, 2020. The amendment will:
In light of the finalized amendment, Commerce issued a simultaneous determination that the ongoing 2017-2018 administrative review of the Agreement is moot. Thus, the administrative review will not lead to termination of the Agreement and resumption of the underlying antidumping investigation, as could have occurred absent a finalized amendment.
Commerce’s Enforcement and Compliance unit in the International Trade Administration, which negotiated today’s amendment to the Agreement, is responsible for vigorously enforcing U.S. trade law and does so through an impartial, transparent process that abides by international rules and is based on factual evidence provided on the record.
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