Russia offers its assistance to Iran in implementation of the Joint Comprehensive Plan of Action on its nuclear program.


MOSCOW (Sputnik) – Russia is going to further assist Iran in implementation of the Joint Comprehensive Plan of Action on its nuclear program, Russian President Vladimir Putin said.


"We will further assist our Iranian partners in implementing the Plan of Action on Iran's nuclear program, including the processing of enriched uranium and the conversion of facilities to produce stable isotopes," Putin told the Azerbaijani State News Agency AZERTAC in an interview.


He said that Russian-Iranian nuclear cooperation has become strategic.
"In certain areas, Russian-Iranian cooperation has already become strategic in nature. This is particularly true of the joint work in the field of peaceful nuclear energy. Iran’s first nuclear power plant, Bushehr was built on the basis of Russian technologies. Plans for the construction of 8 more nuclear power units by Russian specialists in Iran have been agreed," the Russian president said.


Putin added that the bilateral trade increased by 70 percent since the start of the year.


"Thus, through collective efforts we have managed to increase the volume of mutual trade. In the first five months of this year, it grew by 70 percent, reaching $855 million," Putin said.


On July 14, 2015 Iran and the P5+1 group of countries – the United States, China, France, Russia and Britain plus Germany – signed a Joint Comprehensive Plan of Action, which guaranteed the peaceful nature of Iran's nuclear program. Iran agreed to admit theInternational Atomic Energy Agency’s (IAEA) inspectors to locations the agency seeks to verify the absence of nuclear material and activities in exchange for lifting sanctions that had been damaging its economy for years.

By Sputnik