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Multilateralization of the Nuclear Fuel Cycle

Helping to Fulfil the NPT Grand Bargain

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The grand bargain of the NPT

The NPT is a founding document of multilateral non-proliferation endeavours and the cornerstone of the international nuclear non-proliferation regime. When opened for signature in 1968 after three years of negotiation, the treaty was intended primarily to stop the spread of nuclear weapons beyond the five states that had “manufactured and exploded a nuclear weapon or other nuclear explosive device prior to 1 January 1967”—these being France, China, the Soviet Union (the obligations and rights now assumed by Russia), the United Kingdom and the United States.

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