Rick Perry to Discuss Nuclear Sharing Agreement With Saudis on Monday

  • Nuclear sharing deal with kingdom could help U.S. companies
  • Perry indicates no change in Iran, Venezuela policies
U.S. Energy Secretary Rick Perry and IEA Executive Director Fatih Birol speak with Bloomberg Television.(Source: Bloomberg)
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Energy Secretary Rick Perry said he plans to meet with Saudi Arabia’s new energy minister Monday as the U.S. remains in talks with the kingdom for a deal to construct nuclear reactors there that could help the flagging U.S. domestic nuclear industry.

The Trump administration has been in talks with Saudi Arabia to forge a nuclear sharing agreement since 2017, but it has been met with increasing alarm from Congress and others concerned they could forge a deal that doesn’t prohibit the kingdom from enriching uranium.