,,ii  #aafth ,,congress  #ast ,session  
,s4 #bcch  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,july #cj1     
#bjai ,mr4 ,van ,hollen 7for himself1   
,mr4 ,graham1 ,mr4 ,moran1 and ,mr4     
,merkley7 introduced the following bill2
 which was read twice and referred to   
the ,committee on ,banking1 ,housing1   
and ,urban ,affairs  ,a ,,bill  ,to     
prohibit the ,export-,import ,bank of   
the ,united ,states from financing the  
export of nuclear technology1 equipment1
 fuel1 materials1 or other goods or     
services to ,saudi ,arabia1 and for     
other purposes4  #a4 ,short title ,this 
,act may be cited as the ,preventing    
,nuclear ,proliferation in ,saudi       
,arabia ,act of #bjai4  #b4 ,prohibition
 on ,export-,import ,bank financing for 
export of nuclear technology1 equipment1
 fuel1 materials1 or other goods or     
services to ,saudi ,arabia  7a7         
,findings ,congress makes the following 
findings3  7#a7 ,the ,export-,import    
,bank of the ,united ,states identifies 

global nuclear power as a key and       
growing industry in which the ,bank has 
played an important role by financing   
the export of ,united ,states nuclear   
equipment1 fuel1 technology1 and        
services to foreign purchasers4  7#b7   
,in ,september #bjab1 the               
,export-,import ,bank authorized a      
#b1jjj1jjj1jjj direct loan to the       
,barakah ,one ,company of the ,united   
,arab ,emirates to finance the export of
 ,united ,states equipment and          
service-expertise for the construction  
of a nuclear power plant in the ,united 
,arab ,emirates1 the first of its kind  
on the ,arabian ,peninsula4  7#c7 ,the  
transaction to finance the construction 
of the ,barakah nuclear power plant was 
enabled by the establishment of a       
bilateral nuclear cooperation agreement 
between the ,united ,states and the     
,united ,arab ,emirates made pursuant to
 section #abc of the ,atomic ,energy    
,act of #aied 7#db ,u4,s4,c4 #baec71 in 
which the ,united ,arab ,emirates       

committed to forgo uranium enrichment   
and reprocessing on its territory and   
was obligated to bring into force an    
,additional ,protocol to its            
,comprehensive ,safeguards ,agreement   
with the ,international ,atomic ,energy 
,agency4  7#d7 ,the nuclear cooperation 
agreement1 which was signed on ,may #ba1
 #bjji1 became known as the first gold  
standard civil nuclear agreement and was
 viewed as a step toward building a     
strong nonproliferation framework in the
 region4  7#e7 ,in accordance with that 
agreement1 the ,united ,arab ,emirates  
reserves the right to amend its terms in
 the event the ,united ,states          
establishes a peaceful nuclear          
cooperation agreement with another      
non-nuclear-weapon state in the ,middle 
,east that is less prescriptive in scope
 and effect than its agreement with the 
,united ,states4  7#f7 ,the ,government 
of ,saudi ,arabia intends to develop an 
extensive civilian nuclear program1     
including the construction of #b nuclear

 power reactors and multiple small      
modular reactors4  7#g7 ,for the        
construction of its first #b nuclear    
power reactors1 the ,government of      
,saudi ,arabia plans to issue a         
multi-billion dollar tender in #bjbj1   
and among the potential suppliers is the
 ,united ,states4  7#h7 ,the ,government
 of ,saudi ,arabia currently has in     
place a ,small ,quantities ,protocol to 
its ,comprehensive ,safeguards          
,agreement with the ,international      
,atomic ,energy ,agency1 an agreement   
that suspends the application of a      
number of safeguards requirements for a 
country with minimal nuclear material   
activities on its territory or under its
 jurisdiction4  7#i7 ,despite its plans 
to develop an extensive civilian nuclear
 program and interest in the ,united    
,states as a supplier of nuclear        
technology and expertise1 the           
,government of ,saudi ,arabia has       
demonstrated little willingness to      
accept strong nonproliferation measures1

 such as an ,additional ,protocol to its
 ,comprehensive ,safeguards ,agreement  
with the ,international ,atomic ,energy 
,agency1 and has even expressed a desire
 for acquiring uranium enrichment       
technology4  7#aj7 ,fully functional    
with a quorum and if reauthorized beyond
 ,september #cj1 #bjai1 when its current
 charter lapses1 the ,export-,import    
,bank will regain its ability to finance
 ,united ,states nuclear exports by     
extending loans and credit to foreign   
purchasers4  7b7 ,sense of ,congress ,it
 is the sense of ,congress that--  7#a7 
any provision of financing assistance by
 the ,export-,import ,bank of the       
,united ,states to ,saudi ,arabia for   
the import of ,united ,states nuclear   
technology1 equipment1 fuel1 materials1 
or goods or services should be          
conditioned on the commitment of the    
,government of ,saudi ,arabia to        
renounce uranium enrichment and         
reprocessing on its territory and its   
adoption and implementation of an       

,additional ,protocol to its            
,comprehensive ,safeguards ,agreement   
with the ,international ,atomic ,energy 
,agency as a way to advance ,united     
,states nonproliferation and nuclear    
cooperation objectives in the region2   
and  7#b7 to further bolster            
nonproliferation efforts in the region1 
the ,united ,states should oppose1      
through the ,nuclear ,suppliers ,group1 
the export of nuclear technology to     
,saudi ,arabia until the ,government of 
,saudi ,arabia has--  7,a7 committed to 
renouncing uranium enrichment and       
reprocessing on its territory2 and  7,b7
 signed and implemented an ,additional  
,protocol to its ,comprehensive         
,safeguards ,agreement with the         
,international ,atomic ,energy ,agency4 
7c7 ,prohibition ,the ,export-,import   
,bank of the ,united ,states may not    
guarantee1 insure1 or extend 7or        
participate in the extension of7 credit 
in connection with the export of nuclear
 technology1 equipment1 fuel1 materials1

 or other goods or services to ,saudi   
,arabia unless--  7#a7 the ,government  
of ,saudi ,arabia--  7,a7 has in effect 
a nuclear cooperation agreement pursuant
 to section #abc of the ,atomic ,energy 
,act of #aied 7#db ,u4,s4,c4 #baec72    
7,b7 has signed and implemented an      
,additional ,protocol to its            
,comprehensive ,safeguards ,agreement   
with the ,international ,atomic ,energy 
,agency2 and  7,c7 has committed not to 
possess sensitive nuclear facilities    
within its territory or otherwise to    
engage in activities relating to the    
enrichment or reprocessing of nuclear   
material2 and  7#b7 not less than #cj   
days before the ,board of ,directors of 
the ,bank provides final approval to the
 guarantee1 insurance1 or extension 7or 
participation in the extension7 of      
credit1 the ,bank1 in coordination with 
the ,secretary of ,state and the        
,chairman of the ,nuclear ,regulatory   
,commission1 submits to the appropriate 
congressional committees a report that  

includes--  7,a7 a detailed description 
of1 and an explanation for providing the
 guarantee1 insurance1 or extension 7or 
participation in the extension7 of      
credit for1 the transaction2  7,b7 a    
description of the nuclear technology1  
equipment1 fuel1 materials1 or other    
goods or services that will be exported 
to ,saudi ,arabia2  7,c7 the name1      
address1 and place of incorporation or  
other legal organization of the         
immediate parent1 the ultimate parent1  
and each immediate parent1 if any1 of   
the foreign entities that are parties to
 the transaction2  7,d7 the name of all 
,united ,states businesses that are     
parties to the transaction2 and  7,e7   
the name of any and all other financial 
institutions involved in the            
transaction1 including as advisors1     
underwriters1 or a source of financing  
for the transaction4  7d7 ,treatment of 
confidential information ,if the        
,export-,import ,bank of the ,united    
,states determines that any information 

required to be included in the report   
under subsection 7c77#b7 should be made 
confidential1 that information may be   
submitted in a separate and confidential
 report to the chairmen and ranking     
members of the appropriate congressional
 committees4  7e7 ,definitions ,in this 
section3  7#a7 ,appropriate             
congressional committees ,the term      
appropriate congressional committees    
means--  7,a7 the ,committee on         
,banking1 ,housing1 and ,urban ,affairs 
and the ,committee on ,foreign          
,relations of ,senate2 and  7,b7 the    
,committee on ,financial ,services and  
the ,committee on ,foreign ,affairs of  
the ,house of ,representatives4  7#b7   
,sensitive nuclear facility ,the term   
sensitive nuclear facility means any    
facility designed or used primarily for 
uranium enrichment1 reprocessing of     
nuclear fuel1 heavy water production1 or
 fabrication of nuclear fuel containing 
plutonium4