X Close

World

Published: Thursday March 27, 2014 MYT 5:45:04 PM
Updated: Thursday March 27, 2014 MYT 5:46:21 PM

Russia says its nuclear contracts could be affected by sanctions

MOSCOW (Reuters) - Russia's nuclear industry contracts with other countries could be affected by Western sanctions, the head of state nuclear corporation Rosatom was quoted as saying on Thursday.

After hitting Russian officials and lawmakers with visa bans and asset freezes over Moscow's annexation of Crimea, the United States and European Union are threatening measures affecting entire economic sectors if Russia continues to act aggressively.

"Considering an array of comments about possible restrictions on economic cooperation, we understand that some of our (international) contracts could fall under political curbs," state-run RIA quoted Rosatom head Sergei Kiriyenko as saying.

However, Kiriyenko said that no contracts had been affected so far and all deals, including for supplies of nuclear fuel to Ukraine for plants there, were being implemented on schedule.

Rosatom is building nuclear power plants in several countries and has other contracts, including for uranium supplies.

Britain said this week that was reviewing a November agreement with Rosatom that opened the doors to Russia to potentially build nuclear power plants there.

(Additional reporting by Svetlana Burmistrova,; Writing by Steve Gutterman, Editing by Timothy Heritage)

advertisement

  1. Radical plan to revive MAS
  2. Tanggal 31 cover version goes viral
  3. AirAsia kicks off free trial of in-flight WiFi service
  4. People in the peninsula can learn from their brothers, says DJ Dave
  5. IGP warns PPS to stop activities or face arrest
  6. Najib: Khazanah's RM6bil to MAS an investment, not a bailout
  7. Khazanah unveils 12-point plan for MAS
  8. YouTube sensation’s cover of Tanggal 31 goes viral
  9. Palace 'no' to remote control MB
  10. Once a gangster’s paradise

advertisement

advertisement