Duterte wants to study PH-Russia nuclear energy deal

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Malacañang said President Duterte intends to first study a nuclear energy agreement the country entered into with a Russian company during his state visit to Moscow last week.

Presidential Spokesman Salvador Panelo made the statement following the 42nd Cabinet Meeting in Malacañang Friday evening.

The Memorandum of Intent to jointly explore the prospects of cooperation in the construction of nuclear power plants in the Philippines was one of the 10 business deals the Philippines signed with Russia on October 4. “The hard-line would come after I shall have consulted with everybody concerned including people of the industry affected,” he added.

However, he said it was too early to talk about nuclear energy since the Philippines has no policy for it. During his visit to Moscow, Duterte invited Rosneft Oil Co. to invest in the Philippines and assured them that their investments will be safe in the country because corruption is not tolerated in his government.

 

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