Pact on ITER signed in Paris

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Tuesday, 21 November 2006 16:00
BEIJING, Nov. 22 (Xinhua) -- An agreement on the construction of the world's first international thermonuclear experimental reactor (ITER) was signed in Paris on Tuesday.

Representatives of Russia, the United States, the European Union, China, South Korea, Japan and India agreed and signed to finance the 10-billion-euro (12-billion-U.S.-dollar) reactor in the presence of French President Jacques Chirac and President of European Commission Jose Manuel Barroso at France's Elysee Palace.

According to the pact, the construction of the ITER is to be launched early in 2007 in Cadarache in the southern French region of Provence.

The ITER is expected to generate energy by combining atoms instead of splitting them.

As fossil fuels are running short, the reactor would provide a clean and limitless alternative and is intended to attain within the next 40 years the level of industrial electricity generation at new power plants.
 

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