Tags: Zimbabwe uranium iran

Reports: Zimbabwe to Sell Uranium to Iran

Monday, 07 Mar 2011 02:34 PM


Zimbabwe is to defy United Nations sanctions in a deal to sell uranium to Iran, London's Telegraph reports.

Simbarashe Mumbengegwi, Zimbabwe's foreign minister, said the sanctions – which prohibit member states from providing Iran with raw materials that it could use to make a nuclear weapon – were unfair and hypocritical.

He said that Zimbabwe, which is also the subject of sanctions over human rights abuses perpetrated by President Robert Mugabe's supporters, would benefit economically from the agreement.

A leaked intelligence report suggests Iran will be awarded with exclusive access to Zimbabwe's uranium in return for providing the country with fuel.

The report – compiled by the United Nations' nuclear watchdog – said Iran's Foreign and Co-operative Ministers had visited Zimbabwe to strike a deal, and sent engineers to assess uranium deposits.

Experts say the move contradicts Iran's claim that it now has enough domestic uranium supplies to sustain its nuclear energy ambitions. They say Zimbabwe's defiance of sanctions and its support for the pariah state will scare those considering investing in its economy, which is only just starting to recover after years of hyperinflation.

Read the entire story at telegraph.co.uk

© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
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2011-34-07
Monday, 07 Mar 2011 02:34 PM
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