Putin Vows Gov't Support to Bolivian Nuclear Center Project

Vladimir Putin on Monday promised to support the construction of Bolivian biggest nuclear technologies center.

TEHRAN (Sputnik) —  Russian President Vladimir Putin on Monday promised his Bolivian counterpart Evo Morales to support the construction of the biggest nuclear technologies center in the country at the government level.

"I know about this project. We will surely support it at the government level," Putin said during the meeting with Morales on the sidelines of the Gas Exporting Countries Forum summit in the Iranian capital.

During the meeting, Morales said that the Bolivian side would provide the project with the sufficient financial support of $300 million and Russia would contribute to the center with its nuclear technologies and equipment.

In October, Morales announced that Bolivia would construct in the next four years a $300-million nuclear research center using Russian and Argentine technology. The center will be built in the city of El Alto, and will include a nuclear research reactor.

Russia’s state nuclear energy corporation Rosatom and the Bolivian Hydrocarbon and Energy Ministry signed a memorandum of understanding on cooperation for peaceful uses of nuclear energy earlier that month.

In May 2014, Morales announced that his country was working on the development of the nuclear energy industry in the country with support of Argentina.