Russia signs a nuclear deal with Argentina and competes with China



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Russia has signed a new nuclear cooperation agreement with Argentina, which is already negotiating with China on the construction of nuclear reactors.




  Putin and Macri in Buenos Aires, Argentina 1/12/2018 REUTERS / Marcos Brindicci

Putin and Macri in Buenos Aires, Argentina 1/12/2018 REUTERS / Marcos Brindicci
Russian state reactor builder Rosatom said in a statement that the two countries had signed a "strategic document" confirming the partnership on nuclear energy at the G20 summit in Buenos Aires this weekend.

Photo: Reuters

The document was signed by Rosatom CEO Alexey Likhachev, and the Argentine Minister of Energy, Javier Iguacel, at a ceremony attended by Presidents Russian, Vladimir Putin and Argentine, Maurício Macri.

The agreement is not a nuclear reactor construction contract, but a basic agreement like the others that Russia has already signed with other countries.

Such agreements do not always result in fixed-term contracts and are generally reconfirmed a few years apart. Russia has already signed other nuclear agreements with Argentina, the latest of which in 2015.

The most recent agreement comes shortly after the director of the agency Argentina's national investment agency had told Reuters last month that Argentina and China were seeking to conclude in a few days an agreement of $ 8 billion for the construction of a fourth nuclear power plant in Argentina.

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