Discussions also included the possible implementation by Rosatom of a project for the construction of a second NPP at Sinop. Rosatom said possible design solutions would be based on the wishes of the Turkish side to strengthen the effect of the project on the Turkish economy.

The Paks II project was launched in 2014 by an inter-governmental agreement between Hungary and Russia for two VVER-1200 reactors (units 5&6) to be supplied by Rosatom. The contract was supported by a Russian state loan to finance the majority of the project.

The Prohibiting Russian Uranium Imports Act was signed by President Joe Biden in May, after being passed unanimously by the US Senate and will go into effect on 11 August.

The reactor and the nuclear health centre will also be used to conduct research, development and innovation activities both in the field of nuclear medicine and nuclear power technology.

MSATO project 22770 is intended for the technological and maintenance of the nuclear power plants on marine vessels and is expected to be put into operation in 2029.

The Paks II project was launched in 2014 by an inter-governmental agreement between Hungary and Russia for two VVER-1200 reactors (units 5&6) to be supplied by Rosatom.

Following the summit meeting, President Putin said that “a promising area for expanding bilateral cooperation is nuclear energy”.

The U.S. Department of Energy (DOE) today issued a request for proposals (RFP) to purchase low-enriched uranium (LEU) from domestic sources.

The IAEA and the OPEC Fund for International Development (OPEC Fund) have formally agreed to strengthen joint efforts to tackle the world’s growing health, food, energy and climate development challenges with nuclear science and technology under a new Practical Arrangement (PA).

This collaboration will help position Europe as a leader in advanced nuclear technology over the next four years. We are committed to developing clean, affordable, and reliable energy solutions, and this experiment is a vital step towards achieving that goal.

In the leaders' statements to the media after the summit, President Putin said that "a promising area for expanding bilateral cooperation is nuclear energy", while Vietnamese President To Lam said "we also agreed to explore opportunities for stepping up our cooperation on new energy sources and clean energy, as well as facilitate the green transition and sustainable development".

There is increasing market acceptance of Russian SMRs, despite Western geopolitical pressures. Numerous countries in Central Asia, including Uzbekistan, which agreed an SMR investment with Rosatom, using a RITM200 reactor commissioned to build it by 2026.

The parties plan to discuss the current state of and prospects for the continued development of a comprehensive strategic partnership between Russia and Vietnam in the trade and economy, scientific and technology, and humanitarian fields, and exchange opinions on relevant items on the international and regional agenda.

Tolerant fuel with silicon carbide shells will not only minimise, but completely eliminate the risk of a steam-zirconium reaction – the main cause of almost all past accidents at NPPs.

Russia is the largest supplier of low-enriched uranium in the world and about a quarter of enriched uranium used in U.S. reactors comes from Russia.