IAEA LEU Bank
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$150 Million international fuel reserve project
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Three countries directly involved
INEG Principal Managed:
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Donor relations with 7 international donors
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International project team
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Comprehensive project risk analysis and mitigation
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Site evaluation, including
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Safety, security and regulatory assessments and upgrades to meet all IAEA standards and guidance for safety and security
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Development of sophisticated seismic response models
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Continuing intergovernmental support from IAEA Member States
Achievements:
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Established international project oversight and conflict resolutions mechanisms
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Negotiated treaties and agreements to make the reserve functionable
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Developed storage solutions compatible with transport regulations and long term LEU storage
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Instituted international framework agreements to support the bank operation
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On time and budget
