China has participated in IAEA discussions on multilateral approaches to the nuclear fuel cycle and nuclear fuel-supply assurances. At the IAEA Board of Governors in December 2010, China stated that it in principle supports efforts that promote peaceful uses of nuclear energy and strengthen the international non-proliferation regime, and that it is generally open to initiatives establishing multilateral mechanisms for assurance of nuclear fuel supply. China supported an active IAEA role, provided that the Agency maintains its independence. At the same time, China emphasized that such mechanisms involve complex political, economic, technical and legal factors, that the concerns of relevant States should be fully considered, and that Member States’ right to peaceful uses of nuclear energy should not be affected.
Pillar 3
Action 58
Continue to discuss further, in a non-discriminatory and transparent manner under the auspices of IAEA or regional forums, the development of multilateral approaches to the nuclear fuel cycle, including the possibilities of creating mechanisms for assurance of nuclear fuel supply, as well as possible schemes dealing with the back-end of the fuel cycle without affecting rights under the Treaty and without prejudice to national fuel cycle policies, while tackling the technical, legal and economic complexities surrounding these issues, including, in this regard, the requirement of IAEA full scope safeguards.