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By Country / Iran

Iranian Delegation To Visit Russia For Bushehr Talks

February 22, 2007

The Bushehr nuclear plant (file photo) (ITAR-TASS)

The Bushehr nuclear plant (file photo) (ITAR-TASS)

February 22, 2007 -- Iranian officials will travel to Russia in the next 10 days to try to resolve a payment dispute that is delaying construction of the Bushehr nuclear power plant.


The announcement was made by the deputy head of Iran's Atomic Energy Organization, Mohammad Saidi.


Saidi also pledged Tehran's financial help for the firm that is building the facility. Iran has rejected Russian allegations that it is behind on payments.


(Reuters, AFP)

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The Iranian Economy

Buses being produced at a factory in Tehran (Fars)

IN NEED OF DIVERSIFICATION. Populist Iranian President Mahmud Ahmadinejad is having trouble fulfilling his promises to put the country's petrodollars on the plates of average citizens. Inflation and unemployment remain high and the economy is dominated by the energy sector.


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