On a proposal from Commissioner Papoutsis and Vice-President Sir Leon Brittan, the European Commission adopted on 10 May 1995 a communication to the Council inviting it to approve an agreement between the European Atomic Energy Community (Euratom) and the United States of America for peaceful nuclear cooperation between the two parties. This will replace the existing agreement that entered into force in 1960 and will expire on 31 December 1995. The negotiations for the new cooperation agreement, which have been lengthy and difficult, started in 1992 and ended successfully last week following high level talks between Commissioners Papoutsis and Sir Leon Brittan and US Under-Secretary of State Mrs. Lynn Davis. The primary objective of the negotiations was to agree on a legal framework which would guarantee to the European nuclear industry security of supply, stability and long-term predictability. The Commission considers that these objectives have been attained since the new agreement, which will remain in force for at least 30 years, guarantees the following framework: - Any non-sensitive nuclear activities, as well as enrichment up to 20%, irradiation of fissile materials and post-irradiation examination involving chemical dissolution or separation of irradiated nuclear material, will be freely and unconditionally allowed; - Retransfers to third countries will be authorized on a long-term basis according to procedures set out in the agreement; - Storage of sensitive fissile material will be possible in any facility that meets the usual physical protection levels; - Reprocessing and alteration in form or content of sensitive fissile materials will take place under a generic programmatic consent, in facilities forming part of the list of nuclear facilities ("peaceful programme") delineated by each party. This generic consent will be valid in practice for the entire life of the agreement.