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Code · BILL · 116th Congress · S. 4049 (Engrossed in Senate) — To authorize appropriations for fiscal year 2021 for military activities of the Department of Defense, for military c... · Sec. 3167

Sec. 3167. Sense of the Senate on extension of limitations on importation of uranium from Russian Federation

266 words·~1 min read·/bill/116/s/4049/es/section-3167

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It is the sense of the Senate that— a secure nuclear fuel supply chain is essential to the economic and national security of the United States; the United States should— expeditiously complete negotiation of an extension of the Agreement Suspending the Antidumping Investigation on Uranium from the Russian Federation (commonly referred to as the Russian Suspension Agreement ); 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. 3167
Sense of the Senate on extension of limitations on importation of uranium from Russian Federation
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