CAPE TOWN Cheap NCAA Football Jerseys , May 19 (Xinhua) -- The South African government is committed to an open dialogue about its nuclear program, Energy Minister Mmamoloko Kubayi said on Friday.
The government will ensure transparency and accountability during the process, Kubayi said in her budget vote speech in Parliament.
"We will review all the determinations to ensure compliance with the judgment," she said.
The minister was referring to the ruling by the Western High Court last month that orders the government to give up its nuclear program which the court says is "unconstitutional and unlawful."
The court ruled that the government must set aside the deal which would see the procurement of 9.6 gigawatts of nuclear energy.
The deal is expected to cost 1 trillion rand (about 77.5 billion U.S. dollars). The court says this is a deal that the country cannot afford.
Kubayi reiterated her department's decision not to appeal the judgment.
But Kubayi said the government will proceed with the signing of the new Inter Governmental Agreements with five countries, including Russia and the United States Cheap NCAA Basketball Jerseys , in relation to nuclear cooperation and submit it to parliament within reasonable time.
South Africa is the only country in Africa that utilize advanced nuclear technology for peaceful uses and socioeconomic development.
The SA government has been trying to expand the nuclear program to make up power shortage which is expected to stall growth in gross domestic product (GDP).
The SA cabinet approved the ambitious nuclear deal in December 2015.
Preparations have been already underway for the bidding. Russia and the United States are believed to be front runners to win the bid.
The SA government reportedly has signed an agreement with the Russian state-owned nuclear corporation, Rosatom, to develop nuclear energy.
Kubayi said that as part of the government's energy mix policy, renewables remain one of the key areas to achieve the mandate of energy security.
She said her ministry "has a critical role to play in ensuring that we secure the supply of energy and petroleum in the country".
The sector currently contributes 300 billion rand (about 22.8 billion dollars) towards the country's GDP and accounts for 90,000 jobs.
"It is our considered view that this sector has potential to contribute more towards GDP and can be able to create more jobs Cheap NCAA Jerseys ," she said.
WELLINGTON, June 18 (Xinhua) -- New Zealand's deficit in seasonally adjusted current account balance continues to fall, registering the smallest deficit of 0.6 billion New Zealand dollars (about 0.52 billion U.S. dollars) since 2010, the country' s statistics body said here Wednesday.
Statistics New Zealand published the adjusted current account balance, showing a deficit of 0.52 billion dollars in the March 2014 quarter Cheap College Soccer Jerseys , 0.26 billion smaller than the December 2013 quarter deficit.
An increase in the value of goods exports, combined with higher spending by overseas visitors to New Zealand contributed to the fall in the current account deficit this quarter.
"The smaller deficit follows last quarter's 13.86 billion dollars fall, making this the smallest current account deficit since 2010," international statistics manager Jason Attewell said in a press release.
Meanwhile, before removing seasonal effects Cheap College Baseball Jerseys , the country's current account balance was a surplus of 12.13 billion dollars, the largest actual current account surplus ever recorded, representing a 11.26 billion dollar increase from the March 2013 quarter surplus, mainly driven by increased dairy product exports.
New Zealand is most likely to record a current account surplus in March quarters when more overseas visitors start to pour in.
New Zealand's annual current account was a deficit of 5.46 billion (2.8 percent of GDP) for the year ended March 2014, comparing with a deficit of 6.59 billion (3.4 percent of GDP) for the year ended December 2013 Cheap College Hockey Jerseys , and is also 1.73 billion smaller than the deficit for the year ended March 2013 when it was 3.9 percent of GDP.
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