February 26, 2017 12:55 PM

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Iran and Russia agree to jointly produce nuclear fuel

Iran's Atomic Energy Organization has said that Russia and Iran have reached an agreement to jointly produce nuclear fuel. <br/><br/>The Head of the Organisation Ali Akbar Salehi told the semi-official news agency, ISNA that a preliminary agreement with Russia on the joint production of nuclear fuel was reached during the nuclear negotiations between Iran and the major world powers in 2015. <br/><br/>Salehi said Iran needs Russia's assistance in this sphere, adding that the roadmap has been developed for the joint production, which will take two years to be implemented.<br/><br/>Salehi also announced a Tehran-Astana deal to buy 950 tons of yellow cake from Kazakhstan, which is part of Iran's international nuclear deal. He said the deal is expected to be implemented in three years, as 650 tons of the yellow cake shipment will arrive in Tehran in two batches in two years and the remaining 300 tons will arrive in the third year.

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