U.S. confirms $50 mln aid for Ukraine nuclear security program RIA Novosti, PUBLISHED February 16, 2011 The United States has officially confirmed that it will render Ukraine $50 million in support of the country's nuclear security program. U.S. Secretary of State Hillary Clinton met with Ukrainian Foreign Minister Kostyantyn Hryshchenko on Tuesday in Washington as part of the third session of the U.S.-Ukraine Strategic Partnership Commission. "Secretary Clinton and Foreign Minister Gryshchenko underlined both parties' commitment to securing all vulnerable nuclear materials and to increasing cooperation in nuclear security and non-proliferation," the U.S. Department of State said in a statement. Ukraine, which was briefly left with the world's third largest nuclear arsenal after the breakup of the Soviet Union, agreed to give up the remaining stockpiles of highly enriched material by the next nuclear summit in 2012. "The Ukrainian party reconfirmed its commitment to get rid of its remaining highly-enriched uranium by the 2012 Nuclear Security Summit. The U.S. party reconfirmed its commitment to provide necessary technical and financial assistance valued at approximately $50 million by the time of the 2012 Nuclear Security Summit as part of this effort, including financial and other resources necessary for the construction of a state of the art neutron source facility that will enhance civil nuclear cooperation," the statement said. The Nuclear Energy Institute puts Ukraine in its top five countries accounting for the largest percentage of generated nuclear energy. Almost half of the country's energy output comes from NPPs. Other news: Russia ready to finance Egypt first nuclear plant Russia confirmed its participation in a tender to build Egypt's first nuclear power plant and said it was willing to help finance the project. ARMZ acquires Australian uranium producer in $1.2 bln deal ARMZ will pay eight Australian dollars per share, which represents a 15.5 percent premium on the average market price for 20 trading days. Russia to start building Turkish NPP in 2013 Russia will start building Turkey's first NPP estimated at $20 billion in 2013, Russian ambassador to Ankara Vladimir Ivanovsky said. |
Hero of the day Obama nuclear summit: A minor success Further proof of this fact was provided by Obama Nuclear Security Summit held in Washington on April 12-13. However, this goal is unlikely to be achieved in four years. INTERVIEW
Christophe Behar OPINION
Vladimir Rychin |