Cistran Finance Exploring the Spirit of Capitalism's New Frontier

Tuesday, March 26, 2024

Azerbaijan to establish national center for nuclear research

Azerbaijani President Ilham Aliyev recently signed an order establishing the creation of the National Nuclear Research Center through the country's Ministry of Communications and High Technologies.

According to the presidential order, the center is being created to ensure the use of nuclear technologies for peaceful purposes, to improve the financial and technical resources of the nuclear technologies sector, to increase highly qualified human resources and to expand nuclear research in the country, AzerTAc reports.

Azerbaijan is one of several countries in central and southern Asia, including Georgia, Kazakhstan, Mongolia, Bangladesh and Sri Lanka, that are moving towards the development of nuclear power, according to the World Nuclear Association.

The move comes as the Azerbaijani-French Business Forum is underway in Baku; the two countries are expected to sign dozens of commercial agreements worth billions of dollars, according to Trend.