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Putin, Azarov To Discuss Economic Cooperation

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  • Putin, Azarov To Discuss Economic Cooperation

    PUTIN, AZAROV TO DISCUSS ECONOMIC COOPERATION

    ARMENPRESS
    APRIL 30, 2010
    SOCHI

    SOCHI, APRIL 30, ARMENPRESS: Russian and Ukrainian Prime Ministers
    Vladimir Putin and Nikolai Azarov, will meet on Friday for the fifth
    time in the past two months to discuss bilateral economic cooperation
    that is booming since President Viktor Yanukovich came to power
    in Ukraine.

    The Russian government press service said the meeting "will be a new
    step to develop political dialogue and resolve economic issues on a
    mutually advantageous basis."

    Russian trade turnover with Ukraine nearly doubled in January-February
    against the same period of 2009 and comprised 4 billion 394.5 million
    dollars.

    Russia agreed to provide a major discount on gas prices to Ukraine,
    while Ukraine agreed to extend the lease of its naval base in Crimea
    by the Russian Black Sea fleet for 25 years up to 2042.

    The press service said the prime ministers will consider the Russian
    proposal to set up a joint holding "to integrate atomic industries
    and power engineering, including generation, machine building, and
    nuclear fuel cycle."

    The parties will also continue drafting a long-term contract on nuclear
    fuel supplies to Ukrainian power plants after 2010. Russia also wants
    to build two nuclear reactors at Khmelnitskaya NPP in Ukraine.

    "It is planned to mount activities in the sphere of uranium production
    on the Ukrainian territory," the press service said.

    Aircraft construction is another cooperation guideline and the two
    countries plan to jointly produce An-140, An-148, An-70 and Tu-334
    planes and resume serial production of An-124 Ruslan heavy-duty
    transport aircraft.
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