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Japan and USA seek treaty to prevent having to pay international nuclear compensation

Japan eyes global nuclear compensation treaty – report,  Aug 14, 2011 Reporting by Chikako Mogi; Editing by Sanjeev Miglani, TOKYO (Reuters) – Japan is considering joining a U.S.-led global nuclear compensation treaty in a bid to fend off excessive overseas damage claims related to nuclear accidents, the Nikkei newspaper reported on Sunday, without citing sources.

The U.S., Morocco, Romania and Argentina have agreed to the Convention on Supplementary Compensation for Nuclear Damage, but the treaty needs at least five countries in order to go into effect.

The newspaper said Japan would start discussions with the United States in the coming week over the pact, which defines the rules for trials for damage claims in countries where accidents happen.

The move comes in the wake of a devastating accident in March at the Fukushima Daiichi nuclear power plant, which leaked radiation and exposed wide-ranging produces from vegetables, tea to water to excessive radioactive materials….http://af.reuters.com/article/worldNews/idAFTRE77D0C620110814

August 15, 2011 - Posted by | Japan, politics international, USA

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