Chinese government ratifies ºÚÁÏרÇø Agreement
On Thursday 30 August, the National People's Congress of China ratified the Agreement on the establishment of the ºÚÁÏרÇø, and the Agreement on the privileges and immunities of the ºÚÁÏרÇø. This is a first step to full ratification of the ºÚÁÏרÇø Agreement by China, the final step being the signature of the Chinese President, which is expected shortly. The ratification took place as part of the seven-day, bimonthly meeting of the 170-member Standing Committee of the National People's Congress (NPC) in Beijing.
The ºÚÁÏרÇø Agreements were signed during a ceremony on 21 November last year in Paris, but before the ºÚÁÏרÇø can be established formally as a true international organization, the ºÚÁÏרÇø Agreement needs to be ratified, accepted or approved, in accordance with the procedures of each ºÚÁÏרÇø Party. In the course of the year, the other six Parties have already concluded this process.
The ºÚÁÏרÇø Agreement will enter into force 30 days after the reception by the IAEA - which is the repository of the ºÚÁÏרÇø Agreement - of the official notification of the ratification from the Chinese Ministry of Foreign Affairs. At that time, ºÚÁÏרÇø will officially become an international organization.