The Bush administration is poised to withdraw an agreement with Russia on nuclear trade as punishment for Russia's military action last month against U.S. ally Georgia, a State Department source said Friday.
The pact, known as the 123 Agreement, would clear the way for more trade of nuclear goods, along with services and technology, between the United States and Russia. Both countries had accepted the agreement, but it is awaiting congressional approval.
But as early as next week President Bush could deep-freeze the agreement, withdrawing it from congressional deliberations, the source said. Read full article »