Iran and Russia sign an agreement to build four nuclear power plants on Iranian soil

Paola Castillo
2 Min Read

Iran and Russia signed an agreement this Friday for the construction of four nuclear plants for 25 billion dollars in the south of the Islamic Republic.

The Atomic Energy Agency of Iran reported the agreement signed between the Hormoz company and the Russian state corporation Rosatom for the construction of the four plants in Sirik, in the southern province of Hormozgan.

Today’s signing comes after Russia and Iran closed a memorandum of understanding in Moscow on Wednesday for cooperation in the construction of small nuclear power plants on Iranian territory.

That agreement was signed by the Director General of the Russian nuclear agency Rosatom, Alexey Likhachev, and the Vice President of the country and President of the Atomic Energy Organization of Iran, Mohammad Eslami.

Following the Israeli and US attacks last June against Iranian nuclear facilities, Russia immediately expressed its willingness to cooperate with Tehran in the recovery of its nuclear capabilities.

These agreements between Tehran and Moscow come shortly before the reinstatement of United Nations sanctions against Iran for its nuclear program this Saturday, in a process initiated by Germany, the United Kingdom, and France (E3).

These three countries believe that Iran has not met its commitments under the 2015 nuclear agreement, which limited Iran’s nuclear program in exchange for the lifting of sanctions, and which the United States abandoned in 2018.

Following the US withdrawal from the pact, the Islamic Republic has gradually accelerated its nuclear program and now has 408 kilograms of uranium enriched to 60%, close to the level needed to develop atomic weapons.

The E3 has offered Iran an extension if it resumes cooperation with the UN nuclear agency – suspended after the twelve-day war with Israel in June – reports on the whereabouts of 400 kilos of uranium enriched to 60% and returns to the negotiating table with the United States, but they have not reached an agreement.

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