Tuesday, March 25, 2008

Russia-Egypt Nuclear Deal Signed

Egyptian President Hosni Mubarak and President Vladimir Putin



"Egypt and Russia have signed a deal clearing the way for Russian involvement in building up Egypt's nuclear power industry.

Agreement was reached during talks in Moscow between Egyptian President Hosni Mubarak and President Vladimir Putin.

Russia will now be able to bid to build the first of four atomic power stations Egypt plans.

The first reactor, on the Mediterranean coast, will be constructed at a cost of more than $1.5bn (£750m). "

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This is important because Russia's nuclear plans and deals are causing an increase in world tension. The article also says that Russia is already building nuclear reactors in China, India and Iran and the Iranian plant at Bushehr is almost completed.
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