MOSCOW: Iran and Russia have signed a memorandum of understanding (MoU) worth $25 billion to enhance cooperation in the nuclear sector, marking a significant step in the growing strategic partnership between the two countries.
The announcement was made by Iran’s ambassador to Moscow Kazem Jalali, who said the agreement reflects the expanding scope of collaboration between Tehran and Moscow in the field of nuclear energy and related infrastructure projects.
Iran and Russia have signed a $25 billion memorandum of understanding for cooperation in the nuclear sector, Iran’s ambassador to Moscow said, highlighting expanding collaboration between the two countries on major nuclear energy projects.https://t.co/TrEMdtmgfN pic.twitter.com/LwS3HOsPmh
— Tasnim News Agency (@Tasnimnews_EN) June 4, 2026
According to the ambassador, the memorandum lays the foundation for broader cooperation on major nuclear initiatives and is expected to strengthen long-term coordination between the two countries in the development of peaceful nuclear energy programmes.
The agreement underscores the importance both governments attach to deepening economic and technological cooperation, particularly in sectors viewed as critical to future energy security and industrial development.
Nuclear energy has remained a key area of engagement between Iran and Russia for several years, with Moscow playing an important role in supporting a number of Iranian nuclear power projects.
According to Tasnim News Agency, the newly signed MoU, valued at $25 billion, is expected to facilitate further collaboration on large-scale projects and could pave the way for increased investment, technical exchanges and joint efforts in nuclear technology and energy production.
The development comes amid closer political and economic ties between Tehran and Moscow, as both countries seek to expand cooperation across a range of sectors, including energy, trade, transportation and infrastructure.
Officials from both sides have repeatedly highlighted their commitment to strengthening bilateral relations through long-term strategic agreements.
While specific details of the memorandum have not yet been made public, Iranian officials have described it as an important milestone in advancing cooperation with Russia in the nuclear field. The agreement is also seen as part of wider efforts by both countries to deepen partnerships in areas of mutual interest and strategic significance.
