by Adam Kredo
Russia’s top state-controlled energy company is set to cash in on a $10 billion contract to build out one of Iran’s most contested nuclear sites as part of concessions granted in the soon-to-be-announced nuclear agreement that will guarantee sanctions on both countries are lifted.
Russian and Iranian documents translated for the Washington Free Beacon show that Rosatom, Russia’s leading energy company, has a $10 billion contract with Iran’s atomic energy organization to expand Tehran’s Bushehr nuclear plant. Russia and the Biden administration confirmed on Tuesday that the new nuclear agreement includes carveouts that will waive sanctions on both countries so that Russia can make good on this contract.
“We, of course, would not sanction Russian participation in nuclear projects that are part of resuming full implementation of the JCPOA,” State Department spokesman Ned Price confirmed on Tuesday, referring to the original 2015 nuclear accord. Russia’s foreign ministry made a similar statement on Tuesday, saying that “additions were made to the text of the future agreement on JCPOA restoration to ensure that all the JCPOA-related projects, [especially] with Russian participation, as well as Bushehr [nuclear power plant], are protected from negative impact of anti-Russian restrictions” by the United States and European Union.
The removal of these sanctions will provide Moscow’s Rosatom company with a critical source of revenue as American and European sanctions crush Russia’s economy in response to its unprovoked invasion of Ukraine. The concessions to Moscow have generated frustration on Capitol Hill, with top Republican leaders accusing the Biden administration of weakening penalties on Russia to secure an agreement with Iran. Moscow has served as the United States’ top interlocutor in talks, even as the country’s war machine rolls across Ukraine. The Free Beacon first reported on Tuesday that a policy document circulating among lawmakers exposes how the new nuclear agreement will create a “sanctions evasion hub” for Russian president Vladimir Putin.
Gabriel Noronha, a former State Department special adviser for Iran under Secretary of State Mike Pompeo, told the Free Beacon that Russia is being awarded a financial lifeline via the nuclear agreement, undermining international efforts to isolate Moscow.
“Rosatom’s projects in Iran are crucial to the company’s future financial viability—that’s exactly why we should shut them down by disrupting their foreign contracts—especially those with a regime like Iran,” Noronha said. “We’re doing the opposite. The United States should sanction Rosatom for its involvement in Russia’s war on Ukraine, but in classic fashion, we’re giving them full sanctions immunity that will stabilize Rosatom’s finances.”
Rosatom’s contract with Iran has Moscow constructing two blocks of the Bushehr nuclear plant, which are set to go online in 2024 and 2026.
As of last year, Iran owed Russia $500 million for past work on the country’s nuclear program. Russia could not access this money due to Trump administration sanctions that blocked Tehran from accessing funds held in Japanese and South Korean banks. These sanctions are set to be lifted as part of the upcoming nuclear deal.
The Biden administration took preemptive steps in February to unwind nuclear sanctions impacting Iran, Russia, and China. Sanctions waivers issued by the administration at that time were viewed as an upfront concession to Iran and allowed Russia to restart its nuclear projects in Iran.
The State Department would not comment beyond Price’s Tuesday remarks.
The concessions being made in negotiations over the nuclear accord were recently touted by Russia’s top negotiator, Mikhail Ulyanov. He said last week that Iran, Russia, and China partnered in talks to ensure the United States grants a bouquet of perks benefiting each of those countries.
“I am absolutely sincere in this regard. Iran got much more than it could expect,” Ulyanov said. “Much more. … Realistically speaking, Iran got more than frankly I expected, others expected. This is a matter of fact.”
Idiot Biden’s main talent is that when he brings about a disaster, he piles one on top of another to create COMPOUND disasters. It’s not bad enough that he is so desperate for a headline that reads “Deal” that he will make any deal offered, but he has to provide Russia the opportunity to skirt “Bad Ass Tough Sanctions” idiot Biden’s sanctions on Russia, provide Iran with the funds to PAY Russia as they expand Iran’s nuclear facilities and capabilities!
No one is worse for this country than idiot Biden and his puppet masters.
When we look at the Russia/Ukraine conflict from the standpoint of Joe’s latest off-teleprompter comment, maybe joe is the one being blackmailed.
Joe acts more like he’s trying to pay off Russia than defend Ukraine, even as Dems demand more defense for Ukraine.
Today Joe talked about a Billion$ (1 billion) in aid (lethal and non-lethal) to Ukraine.
But he listed systems that EACH go for $900,000,000.
How could he give multiples of those systems to Ukraine?
Then how could he pile on with other systems going for $150,000 each?
And drones that can take out tanks for $60,000 each?
Couldn’t this be considered giving aid and comfort to an enemy that our dementia addled president called a war criminal?
Nuclear. It’s the best option. Even our enemies know that.
So why keep artificially using oil? To keep gaming the globe?
The only way EVs work in the USA is with nuclear power…unless the government has some tech they are hiding.
So just how many pallets of Cash will Biden the Pushover be sending to Iran and Russia?