Euratom


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Related to Euratom: EFTA, Euratom Treaty

Euratom

one of the first of the EUROPEAN COMMUNITIES, formed in 1957 as a result of one of the Rome Treaties and following upon the Spaak Report, itself a result of the Messina Conference. It deals with atomic energy, which, although intrinsically important, was of political importance at the time of the formation of the Treaty because of the need for uranium in the production of atomic weapons. Its institutions merged with those of the EUROPEAN COAL AND STEEL COMMUNITY (now expired) and the EUROPEAN ECONOMIC COMMUNITY as a result of the merger treaty. It still has an active role and in particular the Euratom Supply Agency (ESA) is responsible for the regular and equitable supply of nuclear fuels for Community users.
References in periodicals archive ?
Mrs May said: "The United Kingdom would like the option to fully associate ourselves with the excellence-based European science and innovation programme, including the successor to Horizon 2020 and Euratom R&T.
The EU and Euratom match back-to-back their loans' features and maturities with their respective debt profiles.
Around 21% of the UK's electricity is generated by nuclear reactors, which Mr Greatrex said could make it much more complicated for bringing in fuel outside Euratom.
Earlier this year, the Government decided to trigger leaving Euratom at the same time as leaving the EU.
A further issue is that Euratom may also be forced to transfer its ownership of nuclear material to the UK, which could be complicated as it enriches, fabricates and reprocesses spent nuclear fuel on behalf of many other member states.
Euratom is a separate legal entity to the EU but is governed by EU institutions and the UK government says it has no option but to leave both at the same time.
The EU Treaty - the document which sets the rules for EU agencies - says one of the main functions of Euratom is to establish uniform safety standards to protect the health of workers and the general public and ensure they are applied.
Japan had begun discussions with EURATOM in 1999, and reached a broad agreement with EURATOM in their third discussions this year, the sources said.
An EU spokesperson confirmed that Ireland makes contributions to Euratom. A spokesperson for the Irish government said it is totally against increased discharges at Sellafield, but admitted Ireland is a member of Euratom.
On March 29, 2017, the United Kingdom formally notified the European Commission of its intention to withdraw from the European Union (EU) and Euratom. A new Canada-United Kingdom NCA, similar in scope, was also signed on November 2, 2018, to allow current and future nuclear trade between the two countries to continue.
London: Fitch Ratings has affirmed the European Union's (EU) and the European Atomic Energy Community's (Euratom) Long-Term IDRs at 'AAA' with a Stable Outlook.