The UAE’s ambassador to the United States Yousef Al Otaiba hailed his country’s peaceful civilian nuclear programme which reached its latest milestone as fuel was loaded into the Barakah Energy Plant.
Mr Otaiba, writing in the Wall Street Journal on Wednesday, said the Emirates' nuclear deal and programme "contains the strongest commitments ever agreed to for nonproliferation and transparency and no pathway to weaponisation".
On Tuesday the UAE finished loading fuel into Unit 1 of the Barakah Nuclear Energy Plant, promising to provide up to 25 per cent of the country’s electricity with zero carbon emissions when all the reactors are up and running.
Mr Otaiba said the roots of this progress were established in December 2009, “when the US and UAE signed the strongest bilateral civil nuclear cooperation agreement in history.
“Skeptics feared the Middle East was ill-suited for a peaceful nuclear program” he wrote, amid concern from some that the UAE could become another Iran in attempting to weaponise the program.
“Rejecting any interest in nuclear weapons, the UAE voluntarily made the strongest possible nonproliferation commitments, pledging to forgo domestic enrichment and reprocessing of nuclear material,” Mr Otaiba said.
"There was no hesitation in acceding to the International Atomic Energy Agency’s Additional Protocol, allowing for short-notice inspections of any nuclear facility at any time."
The UAE’s voluntary commitments, he argued, “significantly exceed those extracted from Iran in the 2015 Joint Comprehensive Plan of Action”.
The Trump administration abandoned that deal in May, 2018.
Mr Otaiba said “Iran could send no clearer signal of peaceful intentions than signing on to the same voluntary commitments as the UAE.
"The international community should insist on this as a precondition of a renewed nuclear pact with Iran, which would create a virtuous nuclear pathway,” he added.
Both US Secretary of State Mike Pompeo and US special envoy on Iran Brian Hook have cited the UAE nuclear programme as a successful model to resolve Iran’s nuclear stand-off with the West.
But this week the IAEA found that Tehran has tripled its stockpile of enriched uranium since November as it continues to violate its JCPOA commitments.
Our legal columnist
Name: Yousef Al Bahar
Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994
Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
COMPANY%20PROFILE%3A
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What is dialysis?
Dialysis is a way of cleaning your blood when your kidneys fail and can no longer do the job.
It gets rid of your body's wastes, extra salt and water, and helps to control your blood pressure. The main cause of kidney failure is diabetes and hypertension.
There are two kinds of dialysis — haemodialysis and peritoneal.
In haemodialysis, blood is pumped out of your body to an artificial kidney machine that filter your blood and returns it to your body by tubes.
In peritoneal dialysis, the inside lining of your own belly acts as a natural filter. Wastes are taken out by means of a cleansing fluid which is washed in and out of your belly in cycles.
It isn’t an option for everyone but if eligible, can be done at home by the patient or caregiver. This, as opposed to home haemodialysis, is covered by insurance in the UAE.
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
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Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.