You're reading: Russia, Ukraine to sign agreement to create nuclear joint venture

An agreement on the creation in Ukraine of an enterprise producing nuclear fuel for the country's VVER-1000 reactors is to be signed between Rosatom's TVEL and Ukraine's Nuclear Fuel at a meeting of the Russian-Ukrainian intergovernmental committee on economic cooperation in Kyiv on Wednesday.

The press service of TVEL said that the document would include agreement that the plant, which would have a capacity of 400 tonnes of uranium per year, could be put into operation in 2013 under the term of ‘Ukraine’s fast selection and approval of a site to place companies that are developing the feasibility study and the design.’