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Argentina, Brazil to build uranium enrichment plant PDF Print E-mail
Monday, 25 February 2008

Agence France-Presse . Buenos

Aires Presidents Cristina Kirchner, of Argentina, and Luiz Inacio Lula da Silva, of Brazil, on Friday agreed to set up a joint uranium enrichment company to build a power-generating nuclear reactor to serve both countries.

'It will be a binational holding and each country will initially work with their own nuclear technology,' Brazilian Foreign Minister Celso Amorin, who is accompanying Lula on his official visit here, told a press conference.

Kirchner and Lula met for an hour at the Casa Rosada (Pink House), the Argentine presidential palace, where they discussed a series of bilateral projects and later signed agreements on nuclear, aeronautics and energy cooperation.

Amorin stressed that the joint-enrichment program will be dedicated exclusively to peaceful, power generating purposes to the benefit of the two neighbors. He did not elaborate further.

Argentina is the first South American country with a nuclear power industry. It currently boasts of two nuclear plants, with a third under construction, and also exports nuclear technology. Lula last year decided to relaunch his country's nuclear program, taking advantage that Brazil has the sixth largest uranium reserves in the world.

Energy issues will also top the agenda of Lula and Kirchner's meeting on Saturday with Bolivian President Evo Morales, whose country exports natural gas to both Argentina and Brazil. Kirchner and Lula have agreed to meet every six months to review joint projets. They will next meet September 8 in Brasilia.

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