A large-scale agreement between Tehran and Moscow
Iran signs agreement with Russian state corporation «Rosatom» in the amount of about 25 billion USD. The document provides for the construction of four new nuclear power plants on the territory of the country.
The state of Iran's nuclear power industry
Currently, the Islamic Republic has only one operating nuclear power plant in the southern city of Boucher. Its capacity is about 1 GW, It was also built by Russia.
Geopolitical aspect
Cooperation with Russia in the field of nuclear energy is a cause for concern in the West. Analysts believe that such a deal could deepen Iran's dependence on Moscow and increase sanctions pressure on both countries.
What's next
According to preliminary plans, the project will take at least ten years to complete. The Iranian authorities emphasise that the new nuclear power plants should meet the country's growing electricity needs and reduce dependence on fossil fuels.
Conclusion.
The $25bn deal between Iran and Rosatom opens a new stage of nuclear cooperation between the two countries. At the same time, it could escalate international disputes over Iran's nuclear programme.
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