Russia will fund the construction of a new nuclear plant in Iran, Iranian Oil Minister Mohsen Paknejad said at the closing ceremony of the 18th Joint Economic Cooperation Commission on Friday.
The two countries will undertake "the construction of new nuclear energy facilities and the completion of phases two and three of the Bushehr power plant using Moscow's credit line," Paknejad said.
Russia has helped Iran build its first nuclear reactor at Bushehr, in the south of the country.
Russian President Vladimir Putin and his Iranian counterpart Masoud Pezeshkian signed a 20-year strategic partnership treaty in January, involving closer defense cooperation and upscaling economic ties and trade between their two countries, to be carried out in their own currencies.
m.jpost.com
The two countries will undertake "the construction of new nuclear energy facilities and the completion of phases two and three of the Bushehr power plant using Moscow's credit line," Paknejad said.
Russia has helped Iran build its first nuclear reactor at Bushehr, in the south of the country.
Russian President Vladimir Putin and his Iranian counterpart Masoud Pezeshkian signed a 20-year strategic partnership treaty in January, involving closer defense cooperation and upscaling economic ties and trade between their two countries, to be carried out in their own currencies.
Russia to fund construction of new nuclear plant in Iran
On top of funding the construction of a new nuclear plant in Iran, Russia will supply Iran with 55 billion cubic meters per year.
m.jpost.com
