International Nuclear Energy Act of 2023

H.R. 2938, the International Nuclear Energy Act of 2023, aims to strengthen the United States' role in the global nuclear energy market by fostering international collaboration on advanced reactor technology. The bill directs the federal government to establish a 10-year trade strategy for exporting nuclear technology and provides financial and technical assistance to partner nations looking to develop their own civil nuclear programs.

For citizens, this legislation seeks to bolster the domestic nuclear industry and create jobs by increasing the export of American-made energy technologies. By streamlining international licensing and financing, the bill intends to provide a competitive alternative to foreign nuclear energy providers while promoting global standards for nuclear safety and security.