VOL. XXXIX

No. 38

17-June-1996

IRAN

Russia To Spend $60Mn On Iran's Bushehr Nuclear Power Plant During 1996

Russia will spend some $60mn in 1996 towards the completion of Iran's nuclear power plant, the Russian news agency Interfax has reported. Moscow has already invested $2mn in a technical analysis of the site, which is located in Bushehr on Iran's Gulf coast. In January 1995, Iran and Russia signed an agreement worth $800mn whereby Russia will complete the plant started by Siemens...