Det 96-12--DeterminationClinton · D Quiet signal

Presidential Determination 96-12--

Presidential Determination on the Proposed Agreement for Cooperation Between the United States of America and the Argentine Republic Concerning Peaceful Uses of Nuclear Energy

President Clinton approved a proposed nuclear cooperation agreement with Argentina under Section 123 b. of the Atomic Energy Act of 1954, determining it promotes common defense and security without unreasonable risk. The determination directs the Secretaries of State and Energy to arrange for execution and requires Federal Register publication.

Impact dates

  1. Arrange for agreement execution

  2. Federal Register publication

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Mechanisms

LicensingProcurement

Role pressure

  • MixedDomestic producerUS nuclear suppliers gain access to Argentine market; Argentine nuclear sector gains US technology access
  • ProtectiveEquipment supplierUS nuclear technology/equipment exporters obtain approved foreign market under controlled conditions

Geographies

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

MMM3MCATCaterpillarLNGCheniere EnergyCVXChevronCOPConocoPhillipsXOMExxon MobilFCXFreeport-McMoRanGEVGE VernovaHONHoneywellSHELShellSLBSLBSPYSPDR S&P 500 ETF

Confidence: medium · Policy alerts

Key directives

  • Approve proposed Agreement for Cooperation with Argentina concerning peaceful uses of nuclear energy
  • Authorize Secretaries of State and Energy to arrange for agreement execution
  • Direct Secretary of State to publish determination in Federal Register

Who is ordered

Timeline

Immediate

  • Determination signed and approved
  • Federal Register publication ordered

Near term (90d)

  • Agreement execution arrangements by State and Energy Secretaries

Long term

  • Implementation of nuclear technology/material transfers under agreement framework

Risks & tensions

  • Nuclear proliferation concerns inherent in any 123 agreement, though determination explicitly finds no unreasonable risk
  • Argentina's nuclear history includes past enrichment activities; agreement requires continued nonproliferation compliance
  • Text does not specify safeguards or conditions beyond the statutory determination language
Presidential Determination 96-12--: Presidential Determination on the Proposed Agreement for Cooperation Between the United States of America and the Argentine Republic Concerning Peaceful Uses of Nuclear Energy · Executive Orders