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China, Italy in nuclear power deal

Staff writer |
A Chinese nuclear power firm signed a memorandum of cooperation with an Italian company on Wednesday, in a step toward decommissioning nuclear facilities and managing radioactive waste.

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The memorandum confirms the intentions of the China General Nuclear Power Group (CGN) and Sogin, a state-owned Italian company that specializes in environmental remediation of nuclear sites and radioactive waste, to cooperate on a series of projects.

"The memorandum will allow both companies to have profound cooperation, particularly in the decommissioning of nuclear facilities and the management of radioactive waste," according to a CGN statement.

The move is in line with the Chinese government's policy to encourage domestic companies in the nuclear power industry to "go outside" and enhance international cooperation.

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