Iran and Russia sign $25bn nuclear plant deal
Summary
Iran and Russia have signed a $25 billion deal to build four new nuclear reactors in southern Iran. This announcement came as the United Nations Security Council is set to vote on delaying the reimposition of international sanctions against Iran related to its nuclear program.Key Facts
- Iran and Russia agreed on a $25 billion deal to construct four nuclear reactors.
- The reactors will be built in Sirik, southern Iran, across the Gulf from the UAE and Oman.
- These reactors are expected to produce 5 gigawatts of electricity.
- Iran currently has one nuclear power plant with a 1 gigawatt capacity, also built by Russia.
- The United Nations Security Council is voting on whether to delay reinstating sanctions on Iran.
- Russia opposes these sanctions and supports diplomatic efforts to maintain the 2015 nuclear deal.
- Israel claims, without evidence, that Iran is close to acquiring nuclear weapons, a claim Iran denies.
- Russia criticized recent U.S. and Israeli actions against Iranian nuclear sites.
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