“In the past three months, my visiting Russia twice demonstrates our close relationship and deepening friendship,” Modi said Tuesday in televised remarks. Putin also praised the “strategic partnership” between the two countries.

BRICS member countries currently have 390 GWe of operable nuclear power units with a further 66 MWe under construction.

A group of 18 Bolivian fellows it going to Russia to take a specialist course in the operation of a research nuclear reactor. Their dedication and talent open the way for us to the future, which will help the development and implementation of innovations in Bolivia.

According to World Nuclear Association, exploration in the 1970s and 1980s showed that Brazil has reasonably assured resources of 210,000 tonnes of uranium. However, there has been little investment in exploration since the mid-1980s.

More than half of Brazil's power generation already comes from hydro plants, but it has been five years since the industry finished its last major dam - the controversial Belo Monte complex in the northern state of Para.

Venezuela and Russia have discussed nuclear energy cooperation in the past, with a civil nuclear cooperation agreement signed in October 2010 providing for the construction of two 1200 MWe reactors and a research reactor to produce radioisotopes.

On October 18, the US Treasury suspended certain sanctions measures on nVenezuela’s oil and gas sector operations.

We estimate Venezuela’s external debt stands at around US$167 billion. The majority is from the sovereign at US$107 billion, with PDVSA adding US$59 billion and ELECAR another US$1 billion. 21% is arrears due to missed interest payments.

India, the world's third biggest oil importer and consumer, ships over 80% of its oil needs from overseas and wants to cut its crude import bill.

However, there are growing signs of a thaw in relations between the Biden administration and Caracas, with the sides holding talks to explore temporarily lifting sanctions to encourage Venezuela to hold competitive presidential elections next year.

The reactor complex will allow Bolivia to conduct fundamental and applied scientific research, which will support development of a number of economic sectors, including the lithium industry.

While South Africa and Russia back the addition of new members, India is wary of the group becoming a mouthpiece for China, and Brazil is worried about alienating the West.

This is Rosatom’s first long-term contract with Brazil for the supply of enriched uranium products in the history opening access to the largest market for uranium products in the Latin American region.

Russia and Brazil already have ties in the nuclear energy field with an MoU signed in 2017 by Rosatom and Brazil’s Electrobras and Electonuclear to promote cooperation in nuclear power.

“We are working together with Rosatom to successfully complete the implementation of the first and second stages of construction. The constructed facilities have advanced high-tech equipment,” said Ortesia Jimenez.