Latest news with #Rosatom
Al Arabiya
an hour ago
- Business
- Al Arabiya
Head of Russia's Rosatom says work continuing in Iran's Bushehr nuclear site
The head of Russia's Rosatom says work is continuing in the Bushehr nuclear site in Iran. Developing...
Yahoo
7 hours ago
- Business
- Yahoo
Indonesia's Prabowo to hold talks with Putin to cement 'strategic partnership'
By Guy Faulconbridge ST PETERSBURG (Reuters) -Indonesian President Prabowo Subianto will hold talks with President Vladimir Putin in Russia this week to explore ways to deepen what their foreign ministers cast on Tuesday as a burgeoning strategic partnership. Russian Foreign Minister Sergei Lavrov, speaking at a meeting in Moscow with his Indonesian counterpart Sugiono, said Putin will meet Prabowo in St Petersburg on Thursday. Russia is due to hold its annual economic forum this week in the northern city, at which Putin traditionally gives a keynote speech and hosts a foreign leader. Russia and Indonesia, Lavrov said, should seek to deepen their defence, security, naval and trade ties. He said Russia's state nuclear corporation, Rosatom, stood ready to help Indonesia build an atomic power station, and the two countries could hold joint military exercises. "This is a show actually of how important and strategically Indonesia thinks of its relationship with Russia," Sugiono told reporters in English. Sugiono suggested that Putin and Prabowo had "chemistry" and suggested they develop and deepen their ties "into a strategic partnership." Trade between Russia and Indonesia totals nearly $4.5 billion a year, Lavrov said, adding that bilateral trade and investment should be boosted. Indonesia became a full member of the BRICS grouping earlier this year. Indonesia last year dismissed a report in defence publication Janes that Russia had asked to base military aircraft in Papua, its easternmost province, after the issue caused concern in Australia. Papua is about 1,200 km (750 miles) north of the Australian city of Darwin. (Writing by Guy FaulconbridgeEditing by Mark Trevelyan and Andrew Osborn)
Observer
14 hours ago
- Business
- Observer
Putin hosts Indonesia's Prabowo in Russia in bid to deepen ties
ST PETERSBURG: Indonesian President Prabowo Subianto held talks with President Vladimir Putin in the northern Russian city of St Petersburg on Thursday as they explore ways to deepen what some officials have called a burgeoning strategic partnership. The deepening of ties between Russia and Indonesia, part of Moscow's bid to forge new relations with the Global South amid Western attempts to isolate it over the Ukraine war, has perturbed some powers such as Australia. Meeting in the Constantine Palace, Putin noted Indonesia's entry into BRICS as a full member and said he was sure it would make a significant contribution to the grouping, which he said was gaining clout in the world. Prabowo thanked Putin for his support over Indonesia's entry to BRICS and said that ties between the two countries were improving. Russia and Indonesia's foreign ministers, Sergei Lavrov and Sugiono, speaking in Moscow earlier this week, mentioned a possible strategic partnership between the two countries. Russia has proposed deepening military, security, trade and nuclear ties with Indonesia, which has the world's fourth largest population. Prabowo previously visited Russia in August 2024, when he was defence minister and president-elect, and described Moscow as a "great friend", saying he hoped for stronger cooperation on defence, energy and education. Indonesia has said that it wants to build its first nuclear power plant by 2032, with 500 MW capacity, aiming for it to come online in the next decade. Authorities said interested developers included Russia's Rosatom, China CNNC and US small modular reactor producer NuScale. Indonesia, Southeast Asia's biggest economy, currently relies mostly on coal as a source of power despite boasting massive potential for renewable energy sources such as hydro, solar and geothermal. With expectations of high energy demand in the future, Indonesia is seeking to boost power generation capacity while capping its carbon emissions, eyeing nuclear power as the solution. Prabowo has maintained Indonesia's non-aligned foreign policy, vowing to befriend any country, including Russia and the United States. He has said Indonesia will not be joining any military bloc. China is Indonesia's largest trading partner, but recently Prabowo's government announced a raft of concessions for trade with the US as it looks to neutralise the effect of tariffs. Russia has praised what it says is Indonesia's balanced position on the Ukraine war. Russia and Indonesia conducted their first joint naval exercises in the Java Sea last November. — Reuters
Business Insider
16 hours ago
- Business
- Business Insider
Burkina Faso and Russia sign the final document of their electronuclear program
Burkina Faso has officially signed the final administrative document of a historic intergovernmental nuclear deal with Russia, taking a significant step forward in its quest for nuclear energy. Burkina Faso finalized a significant intergovernmental nuclear agreement with Russia. The deal involves collaboration with Russia's Rosatom to develop nuclear infrastructure for peaceful purposes. Burkina Faso seeks to enhance energy capacity and security through nuclear technology. The agreement, managed by Russia's state-owned atomic energy business Rosatom, paves the way for broad collaboration between the two nations in the construction of nuclear infrastructure for peaceful reasons. Burkina Faso's Minister of Energy, Yacouba Zabré Gouba, made the news during an interview with the Russian media source Sputnik. "Many steps have already been taken, not only through the signing of a roadmap with Rosatom, but also through the conclusion of the four memoranda of understanding that we were able to finalize in 2024," the minister stated. SEE ALSO: Despite Burkina Faso's headstrong stance, some African countries still want to remain friends The agreement underscores Burkina Faso's wider objective of diversifying its energy sources and meeting the country's rising electricity demand. Burkina Faso, one of the world's least electrified countries, sees nuclear energy as a revolutionary chance to increase energy capacity and improve energy security. 'The signing opens new prospects for Burkina Faso and marks the end of several steps that had to be followed,' Gouba stated. 'So from now on, the way is open in terms of cooperation and the electronuclear program with the Russian Federation.' This agreement is the final administrative stage in a larger framework of nuclear cooperation between Russia and the West African country. It follows Russia's approval last week of nuclear deals with Burkina Faso and Mali. Burkina Faso and Mali's nuclear deal with Russia According to the provisions of the agreement, Russia authorized on the 12th of June, Rosatom will play an important role in supporting Burkina Faso and Mali with the building of nuclear power plants and research reactors. The Russian nuclear agency will also offer critical services connected to the nuclear fuel cycle, such as nuclear fuel supply and waste management, putting Russia at the forefront of both country's nuclear goals. DON'T MISS THIS: Ukraine's gamble in Africa seems shaky as Mali takes a harsh decision 'As I said earlier, this is a very important step forward, because these two countries have joined forces, and demonstrated their willingness to work together on collaboration, on cooperation, so that the electronuclear program becomes a reality in Burkina Faso,' Gouba said during his interview with Sputnik. 'We are waiting for the technical and financial offer from Rosatom, and this will later allow us to see whether we should continue with the electronuclear program,' he added. For Russia, the agreement strengthens its position in Africa, particularly in francophone countries that are more aligned with Moscow.
Al Arabiya
16 hours ago
- Politics
- Al Arabiya
Putin claims Israeli strikes have unified Iranian society around its leadership
Russian President Vladimir Putin said Thursday that a deal to end the fighting between Israel and Iran was possible, and that Israel's strikes on Iran had led to a 'consolidation' of Iranian society around its leadership. 'We see that today in Iran there is a consolidation of society around the country's political leadership,' Putin told foreign journalists at a televised event. 'This is a delicate issue, and of course we need to be very careful here, but in my opinion, a solution can be found,' he added. Putin said such an agreement could guarantee both Israel's security and Iran's desire for a civilian nuclear program. Israel said its surprise air campaign was aimed at preventing Iran from acquiring nuclear weapons – an ambition Tehran denies. 'I believe it would be good for all of us together to look for ways to stop the fighting and seek ways for the participants in the conflict to find an agreement,' he said. Putin said there were more than 200 Russian employees at the Bushehr nuclear power plant in southern Iran which was built by Russia's Rosatom. 'We agreed with the leadership of Israel that their security would be ensured,' he said. He said Russia could 'continue' to work with Iran on its civilian nuclear program and 'ensure their interests in this sphere.' US President Donald Trump on Wednesday appeared to rebuff Putin's earlier offer to mediate in the conflict, saying the Russian president should end his own conflict in Ukraine first. 'I spoke to him yesterday and ... he actually offered to help mediate, I said 'do me a favor, mediate your own,'' Trump told reporters as he unveiled a giant new flag pole at the White House. Russia has deepened military ties with Iran since Moscow launched its campaign in Ukraine in 2022. Moscow and Tehran in January inked a far-ranging strategic partnership agreement, and Kyiv and its allies have long accused Iran of supplying Russia with drones and short-range missiles. The assault on Ukraine and the war in Gaza have strained Moscow's traditionally good relations with Israel, home to a large Russian-born community.
