NNRF Inc (NNRI): Argentina and Brazil to build nuclear po...

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Saturday, 02/23/2008 9:42:53 AM

Saturday, February 23, 2008 9:42:53 AM

Argentina and Brazil to build nuclear power plant
Published: Saturday 23 February 2008 07:38 UTC
Last updated: Saturday 23 February 2008 10:20 UTC
Buenos Aires - Argentina and Brazil have agreed to cooperate in the construction of a nuclear power plant. The plan was agreed at a meeting between Argentinian President Christian Kirchner and her Brazilian counterpart Luiz Inacio Lula da Silva in Buenos Aires.

The project has arisen out of the growing energy needs of the two largest economies in South America. Argentina currently operates two nuclear power plants and is building a third. Brazil, which owns large stocks of uranium, also operates two plants and wants to relaunch its nuclear energy programme.

The two leaders will discuss the issue further when they meet today with Bolivian President Evo Morales to talk about Bolivia's export of natural gas to both countries.