For vendors seeking to export advanced nuclear reactors, understanding the role of international safeguards overseen by the International Atomic Energy Agency (IAEA) is crucial. Many reactor vendors may not fully appreciate the significance of these safeguards due to the fact that compliance with them is voluntary for most vendors in official nuclear weapon states.
However, prospective reactor vendors face difficulties when trying to navigate the complex nuclear regulatory frameworks that govern the industry. They generally understand the role of national safety regulators and the importance of complying with their regulations. But they may struggle to keep up with the constantly evolving international landscape, where compliance with international safeguards could be a dealbreaker for their international transactions.
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