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Prime Ministers Of Russia And Armenia Discuss Prospects Of Cooperati

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  • Prime Ministers Of Russia And Armenia Discuss Prospects Of Cooperati

    PRIME MINISTERS OF RUSSIA AND ARMENIA DISCUSS PROSPECTS OF COOPERATION IN THE FIELD OF USE OF NUCLEAR ENERGY

    SKRIN Market & Corporate News
    February 6, 2008 Wednesday 4:57 PM GMT

    During a meeting in Yerevan today, Prime Minister of Russia Viktor
    Zubkov and Prime Minister of Armenia Serzh Sargsyan discussed a wide
    range of problems concerning bilateral cooperation in the field of
    use of nuclear energy.

    The prime ministers confirmed their commitment to further enhance
    the safety and efficiency of the 2nd unit of Armenian Nuclear Power
    Plant on the basis of the international and Russian experience and
    to consider ways to develop nuclear power capacities in Armenia.

    "The Government of Armenia is going to announce a tender for the
    construction of new nuclear power plant. We are going to take part
    in it and we have quite good chances to win," the director general
    of Rosatom State Nuclear Energy Corporation Sergey Kiriyenko told
    journalists after the meeting.

    The sides also exchanged notes confirming Armenia's joining the
    International Uranium Enrichment Center, established by Russia and
    Kazakhstan in May 2007.

    The Ministry of Ecology of Armenia and Rosatom State Nuclear
    Energy Corporation signed a memorandum on the establishment of a
    Russian-Armenian joint venture for prospecting uranium and other
    mineral resources in Armenia. Russia and Armenia have equal (50/50)
    shares in the company's authorized capital. The company will start
    its activities as soon as the project is approved by the state
    environmental inspection - in Sept 2008.

    Kiriyenko said that the JV would have access to all Russia-based
    archives on uranium reserves in Armenia. Russia is ready to finance
    additional prospecting and industrial development of uranium in
    Armenia.

    Thus, Russia and Armenia are starting projects in all segments of
    the peaceful use of nuclear energy, Rosatom official Web site reported.
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