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  • The logo of Russian state nuclear company Rosatom is pictured at the World Nuclear Exhibition 2014, the trade fair event for the global nuclear energy sector.

    The logo of Russian state nuclear company Rosatom is pictured at the World Nuclear Exhibition 2014, the trade fair event for the global nuclear energy sector. | Photo: Reuters

New branches of the company will be constructed in El Alto, Bolivia and should be in operation by 2020.

Two years since its move to Latin America, Rosatom, Russia’s main nuclear power company, has seen great success, the company’s Latin American representative, Ivan Dybov, said.

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"Rosatom has several projects in Latin America, but the main one is in Bolivia. Last September 19 we signed the contract for the construction of the Center for Research and Development in Nuclear Technology," Dybov said.

The new branches will be constructed in El Alto and should be in operation by 2020.

"Bolivia will be able to use the center for science, but it will also be able to take advantage of its nuclear technologies in the fields of agriculture and medicine," the official said.

Additional agreements, or MOUs, between the energy company’s Latin American Branch and Bolivia’s Higher University of San Andres will open opportunities for students to gain “extensive experience in the field of peaceful non-energy applications of nuclear energy,” a report by the World Nuclear News organization said.

Students will also benefit from the company’s modern nuclear technology as it applies to Bolivia’s needs in relation to agriculture, medicine and industry.

Although the energy source is not renewable, the powerful combination of high levels of carbon dioxide and low greenhouse gas emissions make it an attractive alternative to fossil fuel and has propelled the initiative around the world to counter the effects of climate change.

"As an example, in Russia, nuclear energy currently represents 18% of the country's energy generation, which brings many advantages, for example, clean energy without emissions and development of the regions where nuclear power plants are located," Dybov said during the World Leaders of Energy Summit in Mexico.

The nuclear energy giant has shown interest in other manners of business, investing millions in medicine and cancer treatments as well supporting economies and employment through its atomic power plants around the world.

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"Rosatom is currently the leading supplier of isotopes for Brazil's nuclear medicine, and we are constantly in demand from other Latin American countries in this area," the company’s representative said, explaining that irradiation can be used as both a treatment and sterilization tool for medical instruments.

According to reports, the Russian company is closing in on a deal with its Brazilian partners to build a medical center.

Following a meeting last month with its Cuban counterparts, Russia’s state nuclear company revealed a rise in job prospects and cooperation between Cuba’s Agency for Nuclear Energy and Advanced Technologies, AENTA.

According to AENTA’s newsletter, continued collaboration of information, such as scientific, technological and commercial enterprises, are on the horizon. Dybov stated the company has seen enormous success in its business dealings in both Peru and Bolivia and hopes for similar results in Cuba.

Irradiation can also be used in agriculture, protecting crops as a pesticide as well as nurturing the plants with a more natural preservative. Nearly two decades have passed since Rosatom launched its first environmental initiative, proclaiming itself as “climate’s best friend.”

Through its international partnerships, the Russian company has successfully constructed facilities in almost 20 nations. Some of these include Belarus, Iran, Ethiopia, Sudan, Uganda, France, Bulgaria, Hungary, Vietnam, Cuba, Mongolia, Russia, Romania, the Slovak Republic, Peru, Bolivia, and the Czech Republic.

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