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US To Invest $9 Bln In Armenia's Nuclear Energy Sector

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US To Invest $9 Bln In Armenia's Nuclear Energy Sector

Washington will supply the country with small modular reactors.

The United States will invest $9 billion in Armenia's nuclear energy sector and supply the country with small modular reactors. This was announced by American Vice President J.D. Vance at a joint briefing with Armenian Prime Minister Nikol Pashinyan in Yerevan.

Vance said that Armenia and the United States signed an agreement on nuclear cooperation, the "123 Agreement." "This will open the way for Armenian and American companies to implement future programs. We are talking about an initial investment of $5 billion and another $4 billion in the future," J.D. Vance said. The broadcast was broadcast on the White House's YouTube channel.

J.D. Vance arrived in Yerevan on February 9 and held talks with Nikol Pashinyan. He also plans to travel to Azerbaijan this week. The US Vice President's tour of the South Caucasus is organized to promote the implementation of the Trump Route, a large-scale transport project in the region.

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