Organization of CANDU Industries congratulates the Canadian government on the signing of a Nuclear Cooperation Agreement Protocol with China

OCI member companies stand ready to work with Canadian uranium producers, Candu Energy Inc. and Chinese partners to deliver high quality, innovative nuclear products and services to China's nuclear power program

PICKERING, ON, July 19, 2012 /CNW/ - The Organization of CANDU Industries (OCI) congratulates the Government of Canada on today's signing of a Nuclear Cooperation Agreement Protocol with China that will expand Canada's exports of uranium to fuel China's rapidly growing production of electricity from nuclear power plants. This initiative will also strengthen Canada's broader cooperation with China on the peaceful use of nuclear power and create further opportunities for Canadian companies to supply nuclear products and services to China under the terms of the Nuclear Cooperation Agreement Protocol.

"OCI member companies, many of which are small and medium sized enterprises located here in Ontario, employ a wide range of highly skilled technical specialists who are ready to work with Canadian uranium producers, Candu Energy Inc. and Chinese partners to deliver high quality, innovative nuclear products and services to China's nuclear power program" said OCI President Dr. Ron Oberth. "This important milestone demonstrates Canadian government leadership in supporting the export of Canadian nuclear products and services that result in the further investment and development in Canada's uranium industry as well as the creation of high quality sustainable nuclear-related jobs in Ontario and other provinces."

About the Organization of CANDU Industries

The Organization of CANDU Industries (OCI) is an association of 170 leading Canadian suppliers to the nuclear industry in Canada and internationally.  OCI members companies collectively employ more than 30,000 highly skilled and specialized people who manufacture major equipment and components and provide engineering services and support for the 20 CANDU nuclear power plants in Canada as well as for CANDU and other nuclear plants in offshore markets.

SOURCE Organization of CANDU Industries

For further information:

Ron Oberth
905 839-0073
ron.oberth@oci-aic.org

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Organization of CANDU Industries

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