TBILISI: Armenia and the United States agreed on Monday to cooperate in the civil nuclear sector as Washington sought to bolster ties with a former close ally of Russia, months after Washington brokered a peace agreement in the South Caucasus.
A statement on the nuclear sector deal was signed by Armenian Prime Minister Nikol Pashinyan and US Vice President JD Vance, who is on a two-day visit to the country.
The two said they had completed negotiations on what is known as a 123 Agreement, which allows the US to legally license nuclear technology and equipment to other countries.
The agreement will allow up to $5 billion in initial US exports to Armenia, plus an additional $4 billion in longer-term fuel and maintenance contracts, Vance said.
“This agreement will open a new chapter in the deepening energy partnership between Armenia and the United States,” Pashinyan said at a joint press conference with Vance.
