Rosatom expects political risks for foreign projects to grow

MOSCOW, May 29 (PRIME) -- Russian state nuclear power corporation Rosatom expects external political risks for its foreign projects to rise, as seen by PRIME on Friday in an annual report of Atomenergoprom, a company that unites civil assets of Rosatom.

The risks are connected to changes in regulatory and political climates in foreign states that lead to restrictions in activity of the Russian nuclear industry. “The risk has tendency for growth as the continuous sanction pressure on Russian citizens and companies increases uncertainty in the possibility of implementation of some economic projects,” the report read.

At the same time, signing of seven intergovernmental agreements and 23 large interdepartmental agreements by Rosatom in 2019 is a positive indicator, Atomenergoprom said.

Rosatom currently has projects for construction of 36 nuclear power reactors at different stages in different countries.

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