In another example of small accomplishments being rolled out during this week's nuclear summit, the United States and Russia are planning a ceremony to mark the update of a plutonium disposal agreement that was originally agreed to 10 years ago.
U.S. Secretary of State Hillary Clinton and Russian Foreign Minister Sergey Lavrov will sign an "amendment" to what's known as the U.S.-Russia Plutonium Disposition Agreement Tuesday on the side of President Obama's ongoing Nuclear Security Summit.
The original agreement was signed toward the end of Bill Clinton's administration in 2000 by then Vice President Al Gore and Russian Prime Minister Mikhail Kasyanov. Both sides agreed to destroy 34 metric tons of plutonium. But the agreement never went into force due to disputes about the international funding assistance Russia said it needed for implementation.
The agreement "is very significant in the sense that over a period of a decade or so it will remove very large quantities of weapons-useable materials, and also it's an agreement that's been long stalled," the National Security Council's Gary Samore said on an April 9 conference call. "It was really President Obama's focus on this issue and the reset of his relationship with Russia that has finally been able to finalize this agreement."
The United States will spend $400 million to transform the Russian plutonium involved under the deal, nuclear expert Matthew Bunn told the Irish Times.
"This signing represents a major and essential step toward enabling full implementation of our two countries' obligation to safely and transparently dispose of such excess weapon-grade plutonium, enough material for several thousand nuclear weapons," the State Department said in a statement.