OREANDA-NEWS. September 18, 2015. Within the VII session of the Intergovernmental Russian-Brazilian High Level Commission, the Memorandum of Understanding was signed between the Russian State Atomic Energy Corporation ROSATOM and Nuclebr?s Equipamentos Pesados (NUCLEP), the leading nuclear company in Brazil providing services in the heavy engineering.

From the Russian side the document was signed by Mr. Kirill Komarov, First Deputy CEO for Corporate Development and International Business of ROSATOM, and from the Brazilian side it was signed by Mr. Jaime Wallwitz Cardoso, President of Nuclebr?s Equipamentos Pesados.

The Memorandum’s subject is the development of partnership between the parties not only in the nuclear power and electricity industry, like cooperation in possible construction of NPP in Brazil, but also about cooperation in wide range of other areas. Particularly, possible interaction in power-plant engineering, thermal power industry, petrochemical industry, shipbuilding, etc. are the other points of the Document.

The Memorandum aims at potential implementation of joint projects not only in Brazil, but also in other Latin American countries as its priority region. Realization of the Memorandum will be held with active support from "ROSATOM Am?rica Latina", ROSATOM's subsidiary.

Background:

Russian-Brazilian interaction in the nuclear energy is regulated by the Agreement between the government of the Russian Federation and the government of the Federal Republic of Brazil on cooperation in peaceful use of nuclear energy of 15 September 1994. On 21 July, 2009, Brazil and Russia signed the Memorandum of Understanding. In June, 2015 Rosatom International Network opened Rosatom’s office, ROSATOM Am?rica Latina, registered in Rio-de-Janeiro. The office is to be Rosatom’s headquarters in Latin America.