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In The News
   
 
 

 

In The News

  

October 15 - Russia Vows to Help Venezuela Build Nuclear Power Plant

Article: Wars And Rumors Of Wars
 
Venezuelan President Hugo Chavez reached a deal with Russia on Friday to build the South American country's first nuclear plant, as questions arose why a nation rich in oil and gas would feel the need to venture into nuclear energy.

The two nations also signed other energy agreements. Russia has cultivated close ties with Chavez's government to expand its global clout and counter U.S. influence in Latin America.

The ITAR-Tass news agency said Russia plans to build two 1,200 megawatt nuclear reactors at the Venezuelan plant. The cost of Friday's nuclear deal wasn't immediately announced.

The deal is likely to raise concern in President Barack Obama's administration but continues a pattern of Russia pressing to export its nuclear expertise.

Russia has just completed Iran's first nuclear power plant and recently reached new deals to build nuclear reactors in China and Turkey. It's talking with Indian officials about building a dozen of nuclear reactors there and also wants to build a nuclear reactor in the Czech Republic.

"Russia and Venezuela staunchly support the creation of modern and fair world order, so that our future doesn't depend on the will and the liking of just one country, its welfare and mood," Medvedev said in a veiled reference to the United States.
 

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