Argentina, Brazil may jointly develop nuclear submarine: Report

25 Feb 2008

1

Buenos Aires: Brazil and Argentina may have arrived at an understanding to jointly develop a nuclear submarine, according to Argentine media reports. The reports said that the project could lay the groundwork for a regional defence industry.

According to reports, Brazilian defence minister Nelson Jobim and his Argentine counterpart, Nilda Garre, discussed plans last week to form a joint company to construct the submarine. The Brazilian defence minister was on a visit to Argentina, where he called on his counterpart.

Prior to his departure, Jobim said that the two countries could convene a South American Defence Council meet in Brazil in October.

Jobim also said that South American militaries are fundamentally "deterrent" rather than "expansionist."

"But that deterrence power can only be exercised if there is behind it a regional military industry that makes us independent of foreign supplies," he was quoted as saying.

No comments, either from the Argentine or Brazilian defence ministries, were available. 

Latin America's first nuclear submarine project could combine Argentine experience in creating a compact reactor that could power the vessel with Brazilian access to other necessary technologies, including nuclear fuel, the reports said.

Brazilian president Luiz Inacio Lula da Silva had announced $540 million in new funding for Brazil's nuclear submarine and uranium enrichment programmes last year.

Defence minister Jobim had also travelled to France this January to explore buying a Scorpene class diesel submarine that could be used as a model for the sub.

Braziloian president Silva and Argentine president, Cristina Fernandez, agreed in a meeting last week to cooperate in enriching uranium for nuclear power and also to consider building a shared reactor. 

Latest articles

OpenAI launches ‘Frontier’ AI agent platform in enterprise push

OpenAI launches ‘Frontier’ AI agent platform in enterprise push

Toyota set for third straight quarterly profit drop as costs and tariffs weigh

Toyota set for third straight quarterly profit drop as costs and tariffs weigh

Foxconn Q1 Outlook Soars as AI Server Demand and Smart Electronics Beat Expectations

Foxconn Q1 Outlook Soars as AI Server Demand and Smart Electronics Beat Expectations

Novo Nordisk posts first Ozempic sales decline in greater China as competition intensifies

Novo Nordisk posts first Ozempic sales decline in greater China as competition intensifies

Air India Express set for first operating profit under Tata, internal memo indicates

Air India Express set for first operating profit under Tata, internal memo indicates

Toyota eyes 30% jump in hybrid output by 2028 as electrification strategy evolves

Toyota eyes 30% jump in hybrid output by 2028 as electrification strategy evolves

MediaTek warns AI boom is straining chip supply chains, signals price adjustments

MediaTek warns AI boom is straining chip supply chains, signals price adjustments

Ford and Geely Explore Manufacturing and Technology Partnership Amid Rising Auto Costs

Ford and Geely Explore Manufacturing and Technology Partnership Amid Rising Auto Costs

KKR and Singtel to acquire full control of STT GDC in S$6.6 billion AI-driven data centre deal

KKR and Singtel to acquire full control of STT GDC in S$6.6 billion AI-driven data centre deal