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What is the Nuclear Suppliers Group? What is the significance of the meeting in New Zealand next week?

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What is the Nuclear Suppliers Group? What is the significance of the meeting in New Zealand next week?

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The Nuclear Suppliers Group (NSG) includes 46 member states and represents virtually all the world’s nuclear equipment, fuel, and technology-exporting countries. The group was created by seven states in 1975 to standardize nuclear trade rules after India tested a nuclear explosive (the device used plutonium generated in a reactor supplied by Canada). The NSG has no secretariat and participation by its members is voluntary. The centerpiece of the NSG is two sets of non-binding export guidelines. The first set of guidelines concerns materials and equipment specifically designed or prepared for nuclear use, and the second set is for so-called dual-use items that have nuclear applications. Each year, the NSG holds a plenary meeting where decisions are taken, by consensus, following recommendations from the consultative group—the NSG’s standing working body. During the annual five-day meetings, the NSG’s members discuss current nuclear trade policy issues, review implementation of the guide

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