EU, India to collaborate on ‘peaceful uses’ of nuclear energy under Euratom deal, Pg11

Key Highlights:

• The EU and India will collaborate on peaceful uses of nuclear energy under the India-Euratom agreement.
• An R&D agreement was signed in July 2020 between India and Euratom to promote peaceful uses of nuclear energy.
• Collaboration will focus on nuclear science and technology, radiation safety, and the ITER project.
• The EU and India will deepen cooperation under Horizon Europe, the EU's research and innovation program.

Detailed Insights:

• The collaboration includes research and development in areas like advanced materials for detectors, nuclear security, and non-power applications of atomic energy.
• Cooperation extends to radio-pharmaceuticals and strengthening the International Thermonuclear Experimental Reactor (ITER) project.
• Horizon Europe will facilitate cooperation in fields like energy, water, agri-food, health, semiconductors, biotech, and advanced materials.
• A key issue addressed was the Carbon Border Adjustment Mechanism (CBAM), with commitments secured for most-favoured nation treatment and flexibilities for India.

Key Concepts Involved:

• Euratom: Europe’s atomic energy body established to coordinate research and development in nuclear energy.
• Horizon Europe: The EU's key funding program for research and innovation across various fields.
• Carbon Border Adjustment Mechanism (CBAM): A tariff on carbon-intensive products imported into the EU.