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Japan to ratify international convention on nuclear accident compensation pact

News Published October 24, 2014 at 11:04 am Comments Off on Japan to ratify international convention on nuclear accident compensation pact

Japan intends to ratify an international convention that sets a global uniform standard for compensating victims of nuclear accidents.

The move is in line with fears of an increasing risk of a nuclear accident abroad with developing nations accelerating their efforts to construct nuclear power plants.

The convention limits responsibility for nuclear accidents to the operator of the nuclear plant, meaning companies that manufacture nuclear plant equipment would not be liable. That provision would make it easier for Japanese manufacturers to export nuclear technology. CLICK FOR MORE

Courtesy of Asahi Shimbun

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