What did Vance actually say about the nuclear deal?

Vice President of the United States James D. Vance and Armenian Prime Minister Nikol Pashinyan, who arrived in Armenia on a two-day official visit, signed a statement on peaceful nuclear cooperation yesterday. Thus, the parties recorded the completion of the negotiations on the agreement “On cooperation between the Government of the Republic of Armenia and the Government of the United States of America in the peaceful use of nuclear energy”. During the joint statement following the signing, the statement of Dzh. D. Vance about investments in the energy sector of Armenia caused various interpretations in the context of the translator’s wording during the oral translation. Special questions caused figures of 5 and 4 billion dollars. Below is the official translation of Vance’s statement on cooperation in the energy sector, published by the office of the Prime Minister of the Republic of Armenia. “We are also proud to announce that our countries have completed negotiations on the 1-2-3 Agreement on cooperation in the field of civil nuclear energy. After its full approval, it will open the way for the signing of an agreement between American and Armenian companies on civil nuclear energy projects. This means an initial export from the USA worth up to 5 billion dollars, as well as additional long-term support in the amount of 4 billion dollars in the form of fuel and maintenance contracts. This is a classic mutually beneficial deal for both Armenia and the United States. This means the strengthening of the energy security of my country, and I also think that this means the strengthening of the energy security of Armenia, as well as the creation of many new jobs in the United States. This means the appearance of small modular reactors, American technologies in our country. Again, this is one of the few countries where we are confident enough to make such a level of investment, to supply such technologies, and this is happening thanks to the leadership of the prime minister,” said the vice president of the USA.