Sec. 1756. Sense of Congress on extension of limitations on importation of uranium from Russian Federation
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It is the sense of Congress that— a secure nuclear fuel supply chain is essential to the economic and national security of the United States; the Government of the Russian Federation uses its control over energy resources, including in the civil nuclear sector, to exert political influence and create economic dependency in other countries; the Agreement Suspending the Antidumping Investigation on Uranium from the Russian Federation (commonly referred to as the “Russian Suspension Agreement”), which limits imports of Russian uranium to 20 percent of the market share, is vital to averting American dependence on Russian energy; the United States should— expeditiously complete negotiation of an extension of the Russian Suspension Agreement to cap the market share for Russian uranium at 20 percent or lower; or if an agreement to extend the Russian Suspension Agreement cannot be reached, complete the antidumping investigation under title VII of the Tariff Act of 1930 ( 19 U.S.C. 1671 et seq.) with respect to imports of uranium from the Russian Federation— to avoid unfair trade in uranium and maintain a nuclear fuel supply chain in the United States, consistent with the national security and nonproliferation goals of the United States; and to protect the United States nuclear fuel supply chain from the continued manipulation of the global and United States uranium markets by the Russian Federation and Russian-influenced competitors; a renegotiated, long-term extension of the Russian Suspension Agreement can prevent adversaries of the United States from monopolizing the nuclear fuel supply chain; as was done in 2008, upon completion of a new negotiated long-term extension of the Russian Suspension Agreement, Congress should enact legislation to codify the terms of extension into law to ensure long-term stability for the domestic nuclear fuel supply chain; and if the negotiations to extend the Russian Suspension Agreement prove unsuccessful, Congress should be prepared to enact legislation to prevent the manipulation by the Russian Federation of global uranium markets and potential domination by the Russian Federation of the United States uranium market.
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Sec. 1756
Sense of Congress on extension of limitations on importation of uranium from Russian Federation
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