Brazilian President Luiz Inacio Lula da Silva has announced plans to revive the country's long-stalled nuclear program.
President da Silva told reporters in Sao Paulo state Tuesday that funds will be allocated for completion of another nuclear power plant and construction of a nuclear-powered submarine.
Mr. da Silva also said Brazil could become one of the few countries in the world to control the entire uranium enrichment cycle.
In June, the Brazilian energy council approved plans to complete the country's third nuclear power plant, the Angra Three. Construction has been stalled since the 1980's.
Brazil has one of the world's largest uranium reserves and is a signatory to the Nuclear Non-Proliferation Treaty.
Some information for this report was provided by AFP, AP and Reuters.
