The United States and Saudi Arabia reached a nuclear cooperation agreement, known as the 123 agreement, which provides significant access for American companies to participate in the Saudi nuclear energy program, according to a July 22 announcement. The agreement aims to benefit American industry, workers, and supply chains while supporting Saudi Arabia’s energy needs.
Officials said the agreements will advance U.S. and regional security by maintaining high standards of nuclear safety, security, and nonproliferation. The agreements are also intended to strengthen the United States’ competitive position in civil nuclear technology.
“These agreements reflect our two nations’ shared commitment to strengthening U.S.-Saudi commercial relations, delivering prosperity at home and security to our allies abroad,” said Secretary Wright. “Rest assured, these agreements uphold the highest standards of nuclear safety and nonproliferation, while relying on the world’s best nuclear technology and scientists, designed right here in the United States. Thanks to President Trump, the American nuclear renaissance is underway and will deliver long-term benefits to the American and Saudi people.”
The Department of Energy stated that under President Trump’s leadership, America is restoring its competitive edge in global civil nuclear markets. This effort builds on an executive order focused on deploying advanced reactor technologies for national security purposes—including expanding international partnerships under Section 123 of the Atomic Energy Act of 1954.
The partnership is expected to expand exports of American nuclear technology; create high-paying jobs; strengthen national security; reinforce global nonproliferation standards; and deepen strategic ties between both countries.
The agreement will be transmitted to Congress for review as part of standard procedure. In related efforts supporting clean energy initiatives domestically, the U.S. Department of Energy announced a $225 million program funded by President Biden’s Bipartisan Infrastructure Law aimed at implementing new building energy codes.