This paper discusses problems about the supply and costs of nuclear fuel cycle referring to the discussions of IAEA's Advisory Group Meeting. As for natural uranium resources, prospect is given to the demand, supply, and cost trend up to 2000. As for uranium enrichment, the increasing capacity is compared with the projected demand. The comparison of cost characteristics between diffusion and centrifuge plants is presented with respect to plant scale, investment cost, electric power cost, and operation and maintenance cost. The fabrication cost for fuel is analyzed, and it is suggested that some cost down can be expected for the future. As for the mixed oxide fuel fabrication, the capacity in each country and the estimated fabrication costs for PWR, prototype fast breeder reactor and commercial fast breeder reactor are presented. As for reprocessing, the shortage of supply capacity and the needs for more storage capacity are emphasized. The estimated reprocessing cost for a new plant is also presented. Finally, the present status and future trend of fuel storage in each major country are reviewed.