• العربية
  • فارسی
BrandBrand
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
  • Live TV
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
  • Live TV
  • Theme
  • Language
    • العربية
    • فارسی
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
  • Live TV
All rights reserved for Volant Media UK Limited
volant media logo

Russia To Get $10 Billion For Iran Nuclear Plant With US Waiver - Report

Mar 17, 2022, 17:22 GMT+0Updated: 11:16 GMT+0
Iran's Russian-built Bushehr nuclear power plant
Iran's Russian-built Bushehr nuclear power plant

If finalized, the renewed nuclear agreement between Iran and world powers lets Russia cash in on a $10-billion contract to build atomic reactors in Iran.

Washington Free Beacon reported on Wednesday that Russia’s top state-controlled energy company Rosatom has a contract with the Atomic Energy Organization of Iran for development projects at Bushehr nuclear plant in southern Iran.

The report said it obtained the information through the translation of some Russian and Iranian documents.

Negotiations in Vienna after 11 months hit a bump in the road on March 5 when Russia asked that sanctions for its invasion of Ukraine should not impact implementation of a revived 2015 nuclear deal, the JCPOA (Joint Comprehensive Plan of Action).

Moscow said on Tuesday it received US assurances that the Biden administration will waive the sanctions, noting that “Additions were made to the text of the future agreement on JCPOA restoration to ensure that all the JCPOA-related projects, especially with Russian participation, as well as Bushehr Nuclear Power Plant, are protected from negative impact of anti-Russian restrictions by US and EU”.

US State Department spokesman Ned Price confirmed on Tuesday, "We, of course, would not sanction Russian participation in nuclear projects that are part of resuming full implementation of the JCPOA”.

Foreign Minister Hossein Amir-Abdollahian said Wednesday that two of the outstanding matters in talks have been settled, “but two issues remain, including economic guarantees”.

Most Viewed

Iran’s war threats now reach Europe, from Cyprus to Britain
1

Iran’s war threats now reach Europe, from Cyprus to Britain

2

Two more men hanged in protest case in Iran

3

Tehran denies Ghalibaf sidelined as Rezaei's role grows

4

Could Democrats' midterm victory accelerate Trump's Iran war?

5

US can't end Iran war with symbolic Pickaxe strike, state TV commentators say

Banner
Banner

Editors' Pick

  • Iran says US tone shifts but demands still block talks

    Iran says US tone shifts but demands still block talks

  • Halloween gathering in Tehran ends in arrests and police crackdown

    Halloween gathering in Tehran ends in arrests and police crackdown

  • Netanyahu or Eisenkot? Tehran sees little difference on war
    INSIGHT

    Netanyahu or Eisenkot? Tehran sees little difference on war

Banner
Banner
Banner
Banner

Spotlight

  • Tehran's war debate turns to wider strikes and nuclear threats
    INSIGHT

    Tehran's war debate turns to wider strikes and nuclear threats

  • Iran can repair war damage, but can it revive its energy industry?
    ANALYSIS

    Iran can repair war damage, but can it revive its energy industry?

  • Could Democrats' midterm victory accelerate Trump's Iran war?

    Could Democrats' midterm victory accelerate Trump's Iran war?

  • Trump's Iran policy draws mixed reactions after Democrats' victory
    VOICES FROM IRAN

    Trump's Iran policy draws mixed reactions after Democrats' victory

  • Iran looks to China and Russia for leverage in US talks
    ANALYSIS

    Iran looks to China and Russia for leverage in US talks

  • Tehran’s factions weigh Doha talks as hardliners prepare the public for war

    Tehran’s factions weigh Doha talks as hardliners prepare the public for war