“On February 9, US Vice President JD Vance, speaking in Yerevan together with Armenian Prime Minister Nikol Pashinyan, announced US investments of $9 billion in the country’s energy sector, including nuclear energy.”, — write: www.pravda.com.ua
Illustrative photo: Getty Images Source: “European truth” with reference to News.am
Details: “We are proud to announce that our countries have completed negotiations on an agreement between the governments of Armenia and the United States on cooperation in the field of peaceful uses of nuclear energy,” Vance said.
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“Once this is implemented, it will pave the way for future projects for both American and Armenian companies. We are talking about an initial investment of approximately $5 billion, with another $4 billion added in the second phase. This is a win-win situation for Armenia and for my country, which will contribute to energy security, energy sustainability, and the creation of many jobs in both the U.S. and Armenia.” he clarified.
According to him, this means that small modular reactors, that is, American technologies, will come to Armenia.
“Our country very rarely feels confident enough to export specific technologies to another country, and this is also thanks to the leadership of the prime minister,” he added.
We will remind:
- Earlier today, it was reported that US Vice President JD Vance will visit Armenia and Azerbaijanto consolidate agreements on the construction of a trade corridor, which the countries agreed on last August.
- We will remind, on August 8, President of Azerbaijan Ilham Aliyev and Prime Minister of Armenia Nikol Pashinyan signed in the White House in the presence of US President Donald Trump, the agreement, which includes the creation of a transit corridor called the “Trump Route for International Peace and Prosperity” (TRIPP).
- The Prime Minister of Armenia, Nikol Pashinyan, previously stated that the practical stage of the implementation of the transit corridor project, including the start of construction works, scheduled for 2026.