Russia Ready To Sell Ukraine 10% Stake In Uranium Enrichment Center

MOSCOW, Russia -- Russia has completed all the formalities for the sale of 10% of the stakes in the International Center for Uranium Enrichment to Ukraine, Russian Prime Minster Vladimir Putin said on Wednesday.


"All the necessary formalities on the part of the Russian side have been completed. We are ready to sell to our Ukrainian partners a 10% stake," Putin told a government meeting.

In May 2007, Russia and Kazakhstan signed an agreement on the creation of a nuclear center containing 120 tons of low-enriched uranium with enrichment levels from 2.0% to 4.95% in Angarsk, 117 km (73 miles) away from Lake Baikal, to enable countries including Iran to develop civilian nuclear power without having to enrich their own uranium.

The Russian Federal Atomic Energy Agency Rosatom offered Ukraine a stake in the center in September 2007.

The center is scheduled to be launched in 2013.

Source: RIA Novosti

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