This Tuesday, an event took place in eastern Kazakhstan that did not make the front pages of leading newspapers or the breaking news feeds of international wire agencies. Nonetheless, the event’s significance should not be underestimated. On Aug. 29, the International Low-Enriched Uranium Bank was officially opened at the Ulba Metallurgical Plant in Ust-Kamenogorsk. The date was no accident. On the same day in 1991, the Soviet Union’s primary nuclear testing site, the Semipalatinsk Test Site, was shut down and the UN later declared the date the International Day Against Nuclear Tests. The idea of establishing nuclear fuel banks goes back at least 20 years. What is the best way of creating a mechanism that guarantees uranium supplies to countries that comply with the nuclear non-proliferation regime but, due to political reasons, do not yet have access to the global uranium markets? Eight years ago, Russia put forward a proposal to establish a reserve stock of low-enriched uranium in Angarsk and by late 2010, the International Uranium Enrichment Center’s storage facilities stored the full amount of nuclear fuel security stocks (over 120 tons).

Russia’s experience was without any doubt used in setting up the new low-enriched uranium bank, although the centers in Angarsk and in Ust-Kamenogorsk differ significantly both in the technologies used and in their legal status. But it is not the matter of the project’s engineering solutions or legal technicalities. This initiative was implemented in a drastically different international climate, in a different system of political coordinates. Since 2010, the global situation has changed radically and, unfortunately, it has not been a change for the best. Hopes pinned on a “reset” of Russia–U.S. relations have not panned out. The arms – and nuclear weapons – race has accelerated. And the problem of nuclear proliferation has become worse, as highlighted once again by the grave Korean peninsula crisis. Under these circumstances, deep pessimism and the darkest prophecy have become the hot trend in discussing international security issues. Politicians, experts, journalists and diplomats strive to outdo each other in painting the grimmest picture of the impending upheavals. And, of course, the “inevitable” proliferation of nuclear weapons is an integral part of the picture. Yet the event that took place in Ust-Kamenogorsk on Aug. 29 shows otherwise. There are still politicians and public leaders in this world who are not only prepared to go against the global flow, but are also capable of reversing it.