Argentina and China will sign next 17 May in Beijing a contract for the construction of two new nuclear powered plants, with an investment of US$ 12.5 billion, according to Argentina's Nuclear energy deputy secretary, Julian Gadano.
Russia and Argentina signed agreements which amounted to an all-encompassing strategic partnership during Argentine President Cristina Fernandez visit to Moscow, which ended on Thursday with the meeting at the Kremlin with her counterpart Vladimir Putin.
The current legal dispute between Argentina and holdouts (“vulture funds”) suing the country over its defaulted bonds “will not affect” planned Chinese investments, since Argentina and China have a 'strategic association', the head of the National Commission of Development and Reform (CNDR) of China Xu Shaoshi, warned on Wednesday.
Russian President Vladimir Putin signed on Saturday a nuclear energy cooperation deal with Argentina on the third stop (Cuba, Nicaragua) of a tour to bolster trade ties and strengthen Russia’s influence in Latin America.
Paraguay has instructed its ambassador in Buenos Aires to collect information on Argentina's plans to set up an uranium processing plant in the northern province of Formosa, neighboring with the land-locked country.
Atomic power agencies from Brazil and Argentina signed an agreement to build two nuclear reactors for research and production of radioisotopes, according to the Ministry of Science and Technology (MCT).
President Cristina Fernández de Kirchner (CFK) opened on Wednesday the country’s third nuclear plant Atucha II, in the Greater Buenos Aires district of Zárate, and highlighted the fact that “Argentina is leader in the use of nuclear power for peaceful purposes.”
Argentina signed contracts worth 444 million dollars on Wednesday with a subsidiary of SNC-Lavalin Group, Canada's top engineering firm, to extend the shelf-life of its Embalse nuclear plant.
Argentina will press ahead with plans to develop a small-scale nuclear reactor over the next three years, even when last month‘s disaster in Japan prompted countries such as Germany and Brazil to reconsider projects.