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UK's Russia nuclear deal under review over Ukraine crisis | |
(about 1 hour later) | |
The UK is reviewing its nuclear co-operation agreement with Russian state firm Rosatom because of the Ukraine crisis. | The UK is reviewing its nuclear co-operation agreement with Russian state firm Rosatom because of the Ukraine crisis. |
The Department of Energy and Climate Change (DECC) said the agreement was "under consideration" following Russia's military takeover of Ukraine's Crimea region. | The Department of Energy and Climate Change (DECC) said the agreement was "under consideration" following Russia's military takeover of Ukraine's Crimea region. |
The UK signed a pact with Rosatom last September, aimed at helping the firm enter the UK market. | The UK signed a pact with Rosatom last September, aimed at helping the firm enter the UK market. |
Rosatom declined to comment. | Rosatom declined to comment. |
"No decisions have been made on how this work will be taken forward, which is under consideration in the light of recent developments in Ukraine," a DECC spokesperson told the BBC. | "No decisions have been made on how this work will be taken forward, which is under consideration in the light of recent developments in Ukraine," a DECC spokesperson told the BBC. |
The move comes as both the US and EU have imposed travel bans and asset freezes on pro-Russian officials in Crimea and supporters of President Putin after Russia took control of the peninsula. | The move comes as both the US and EU have imposed travel bans and asset freezes on pro-Russian officials in Crimea and supporters of President Putin after Russia took control of the peninsula. |
The UK's agreement with Rosatom was aimed at giving it guidance on its nuclear regulation, potentially preparing it to enter the British market. | The UK's agreement with Rosatom was aimed at giving it guidance on its nuclear regulation, potentially preparing it to enter the British market. |
Rosatom had also signed deals with Finnish utility Fortum and Rolls-Royce to help it ensure its reactors would meet British regulatory standards. | Rosatom had also signed deals with Finnish utility Fortum and Rolls-Royce to help it ensure its reactors would meet British regulatory standards. |
A Fortum spokeswoman told Reuters that the agreement was now uncertain. | A Fortum spokeswoman told Reuters that the agreement was now uncertain. |
"Since the political situation is evolving rapidly, it is not easy - if even possible - to draw conclusions on the future development of affairs," she said. | "Since the political situation is evolving rapidly, it is not easy - if even possible - to draw conclusions on the future development of affairs," she said. |
Rolls-Royce declined to comment. | Rolls-Royce declined to comment. |
The UK has courted international investors, in a bid to help it replace its ageing nuclear power plants. | The UK has courted international investors, in a bid to help it replace its ageing nuclear power plants. |
Last October, Britain signed a deal with France's EDF to build the UK's first new plant in 20 years. | Last October, Britain signed a deal with France's EDF to build the UK's first new plant in 20 years. |
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