Biden Signs Bipartisan Bill Banning Uranium Imports From Russia

Published on May 14, 2024

President Joe Biden signed a bipartisan bill on Monday banning the import of Russian enriched uranium in a bid to reduce the United States’ reliance on Russia for civilian nuclear power. The bill, dubbed the Prohibiting Russian Uranium Imports Act, will unlock about $2.72 billion in federal funding that was recently appropriated by Congress at the president’s request. “This new law reestablishes America’s leadership in the nuclear sector. It will help secure our energy sector for generations to come,” national security adviser Jake Sullivan said in a statement. “This law also delivers on multilateral goals we have set with our allies and partners, including our pledge last December—alongside Canada, France, Japan, and the United Kingdom—to collectively invest $4.2 billion to expand enrichment and conversion capacity in our countries,” he said....