Iran pays 500 million to Russia for building out Nuclear Power Plant as the two economies become more intertwined

Russian president Vladimir Putin and Iranian supreme leader Ali Khamenei / Wikimedia Commons

Revelations 6:3-4 “when he opened the second seal, I heard the second living creature say, “Come!” 4 And out came another horse, bright red. Its rider was permitted to take peace from the earth, so that people should slay one another, and he was given a great sword.

Important Takeaways:

  • Iran and Russia Expand ‘Sanctions Busting’ Network
  • Trade between Russia and Iran has topped $4.5 billion as the two regimes integrate their economies to create a network capable of evading U.S. and international sanctions.
  • Russia is making major investments in Iran’s ports, nuclear infrastructure, energy sector, and military machine.
  • Tehran and Moscow also recently inked an economic deal to carry some 10 million tons of goods from Russia into Iran through a land corridor.
  • Iran also recently announced that it will boost exports to Russia, including “construction materials,” with an estimated worth of $3 billion.
  • Russian companies also stand to cash in on a new nuclear deal with Iran. Several of Russia’s top state-controlled nuclear companies would receive billions of dollars in revenue once sanctions are waived as part of a new agreement.
  • Iran has reportedly already paid Russia more than $500 million for its work building out Iran’s nuclear plants. If a nuclear deal is inked, Iran and Russia will be free to continue building nuclear sites.

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