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Energy

Russia on an international offensive to sell its nuclear plants

Vladimir Putin's government vies with China to become a superpower in the field

Workers position a dome during the construction of the Tianwan nuclear power station in China's Jiangsu Province. The Tianwan station uses a reactor designed by Russia. (Getty Images)

MOSCOW -- Russia is stepping up its overseas sales of nuclear power plants, with state-run nuclear energy company Rosatom agreeing in July to cooperate in building a plant in the Central Asian country of Uzbekistan and reaching an accord with China to build a plant in that country.

Russia accounts for 67% of the world's nuclear plant deals currently in development. By 2030, Rosatom aims to increase its overseas sales to two-thirds of total sales, from 50% at currently. Vladimir Putin's government is looking to expand Russian influence through nuclear diplomacy, vying with China -- which is promoting its own nuclear plants -- for the status of nuclear energy superpower.

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