Russia and Venezuela sign nuclear energy deal

CIVIL NUCLEAR

Russian President Dmitry Medvedev and Venezuelan President Hugo Chavez. Photo courtesy AFP.

by Staff Writers
Caracas (AFP) Nov 26, 2008
Russia and Venezuela on Wednesday signed a joint deal to promote the development of nuclear energy for peaceful purposes.

Officials signed a series of deals in the presence of Russian President Dmitry Medvedev, who arrived in Caracas Wednesday, and Venezuelan President Hugo Chavez.

Chavez has said that the cooperation will only concern civilian and peaceful uses of nuclear energy.

Russian Prime Minister Vladimir Putin was first to propose nuclear cooperation with Venezuela when Chavez visited Moscow in September.

Medvedev's visit, the first by a Russian head of state to Venezuela, coincided with the arrival of a fleet of Russian warships for maneuvers in the Caribbean.

The two countries have signed 4.4 billion dollars in bilateral arms deals since 2005, including radars, 24 Sukhoi-30 planes, 50 helicopters and 100,000 Kalashnikov automatic rifles.

Venezuela installed the first atomic reactor in Latin America in 1957, which was built for scientific research and is now out of service.

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CIVIL NUCLEAR

Areva delays uranium mine project in Canada

Paris (AFP) Nov 25, 2008
The French nuclear group Areva said Tuesday it was delaying developing a uranium mine in Canada, where operations were scheduled to begin in 2010, in light of recent falls in the price of uranium.

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