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Russia and Myanmar have signed an agreement on small-scale nuclear plant construction on the territory of the Republic.
On Tuesday, two countries signed an intergovernmental agreement outlining the principles of cooperation for the construction of a small modular reactor (SMR) in Myanmar following talks in Moscow between Russian President Vladimir Putin and Myanmar's junta chief, Min Aung Hlaing.
The intergovernmental agreement outlines the conditions and key areas of cooperation between the two parties for the implementation of the 110 MW SMR project, with the potential for future expansion to 330 MW," Rosatom said in a statement.
"The signed agreement on the construction of a low-capacity nuclear power plant opens the way for providing Myanmar's economy with cheap and environmentally safe energy. This will be a good incentive for further economic growth, the creation of thousands of new jobs and the emergence of highly qualified personnel," - Russian President Vladimir Putin stated.
The document was signed in the presence of Russian President Vladimir Putin and Senior General Min Aung Hlaing, Chairman of the State Administration Council and Prime Minister of the Republic of the Union of Myanmar. Alexey Likhachev, Director General of Rosatom State Corporation, and Dr. Myo Thein Kyaw, Union Minister of Science and Technology of Myanmar, signed on behalf of their respective governments.
Following the ceremony, Putin stated that cooperation opportunities between the countries in renewable energy are also being explored.
Rosatom's media center noted that the parties signed an intergovernmental agreement on the peaceful use of nuclear energy in early 2023. In its 2022 report, Atomenergoprom announced plans to complete a pre-feasibility study in Myanmar and Kyrgyzstan, with work scheduled for 2023.
Additionally, reports from 2023 indicated that Rosatom was planning to build wind farms in Myanmar with capacities of 172 MW and 200 MW. A memorandum to begin feasibility studies for this project was signed by Rosatom's renewable energy division, Myanmar's Ministry of Electrification, and Primus Advanced Technologies Ltd."
Ukraine has welcomed the European Union’s decision to provide €90 billion in support over the next two years, calling it a vital lifeline even as the bloc failed to reach agreement on using frozen Russian assets to finance the aid.
European Union foreign policy chief Kaja Kallas has warned that attempts to reach a peace agreement in Ukraine are being undermined by Russia’s continued refusal to engage meaningfully in negotiations.
Petroleum products are being transported by rail from Azerbaijan to Armenia for the first time in decades. The move is hailed as a tangible breakthrough in efforts to normalise relations between the long-time rivals.
U.S. President Donald Trump delivered a wide-ranging address from the White House in which he sought to highlight what he described as his administration’s achievements while laying the groundwork for his plans for the year ahead and beyond, on Wednesday (18 December).
A rare pair of bright-green Nike “Grinch” sneakers worn and signed by the late NBA legend Kobe Bryant have gone on public display in Beverly Hills, ahead of an auction that could set a new record for sports memorabilia.
The foreign ministers of Cambodia and Thailand have told Chinese Foreign Minister Wang Yi that they are willing to pursue a ceasefire, as tensions flared along parts of the two countries’ shared border.
The Conservative Party says it would cut funding for green energy projects and redirect the money into defence, arguing the UK needs to be ready for war.
The European Union is facing mounting political pressure over its ability to keep Russian sovereign assets frozen, as internal divisions, leadership changes and war fatigue reshape decision-making across the bloc.
Kazakh President Kassym-Jomart Tokayev’s first official visit to Japan marks a notable moment in relations between the two countries, reflecting a shared interest in deepening cooperation.
The long-running geopolitical tug-of-war over the world’s most popular short-form video application appears to have reached its finale, resolving a five-year saga that bridged two US presidencies and a brief nationwide service blackout.
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