[theold]

The agreement creates a legally binding framework for peaceful nuclear cooperation. It is named after Section 123 of the US Atomic Energy Act, which requires the conclusion of a peaceful nuclear cooperation agreement for significant transfers of nuclear material or equipment from the US.

In the 1960s until the mid-1980s, the President’s late father and namesake Ferdinand Marcos Sr. pursued a nuclear energy program and ordered the construction of the Bataan Nuclear Power Plant. The facility was set aside after Corazon Aquino became president in 1986.

https://www.philstar.com/headlines/2023/...-nuke-deal