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Prime Minister: Finland to Continue Nuclear Cooperation With Russia Despite Sanctions

RIA Novosti, PUBLISHED 16.09.2014

Finnish Prime Minister Alexander Stubb has stated that EU sanctions against Russia will not affect Finland's cooperation with Russia's state-run nuclear corporation Rosatom on the building of the Hanhikivi 1 nuclear plant, Finnish broadcaster Yle reports.

"I think nuclear power is still such a serious thing that it is not advisable to mix it with power politics," Stubb was quoted as saying by Yle on Sunday.

According to the Finnish minister, cooperation with Russia's Rosatom will not hurt Finland's international reputation.

Stubb noted that nuclear power supplies about half of Ukraine's electricity and that Rosatom is its main provider. "If we look at [Rosatom's] activities, there have been no problems whatsoever," he stated.

Finnish nuclear company Fennovoima Ltd and Rusatom Overseas, a subsidiary of Russia's nuclear giant Rosatom, signed a plant supply contract in December 2013.

Rosatom is set to build and part-own a 1,200 megawatt pressurized water reactor at the Hanhikivi 1 plant in Northern Finland. According to the companies' schedule, the nuclear power plant will begin producing electricity in 2024.

A new round of Western sanctions against Moscow over its alleged role in the Ukrainian crisis came into force on September 12. The sanctions complicate access to EU and US credit for a number of key Russian banks and oil and defense companies and ban the provision of technical and other assistance to Russian oil companies.

Russian President Vladimir Putin has warned that using sanctions as an instrument of foreign policy is not effective and never yields any results, warning that sanctions cause certain damage to those using this measure.

Topics: NPP, Europe, Finland

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Hero of the day

Victor Murogov

The ISTC Responsible Science Program and Subprogram Culture of Nuclear Nonproliferation

The dual-use nature of nuclear technology consisting in the potential for its application equally in peaceful and military sphere is the basic contradiction for the existing nuclear nonproliferation regime and comprehensive development of the nuclear power and nuclear fuel cycle.


Jerry Hopwood

Jerry Hopwood
We are currently working with the Nuclear Decommissioning Authority (NDA) on this approach, which was submitted in response to their February 2012 call for alternative proposals. We appreciate that the UK is in the early stages of their policy development activities and are pleased to be involved in such important work.


Joint Plan of Action

Joint Plan of Action
The goal for these negotiations is to reach a mutually-agreed long-term comprehensive solution that would ensure Iran's nuclear programme will be exclusively peaceful. Iran reaffirms that under no circumstances will Iran ever seek or develop any nuclear weapons.


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