4 august 2010

Prime Minister Vladimir Putin chairs a meeting of the Government Commission on Monitoring Foreign Investment

Participants:

Vladimir Putin's opening remarks:

Good afternoon, ladies and gentlemen. We are holding a meeting of the Government Commission on Monitoring Foreign Investment.

Foreign investment in our national economy was $21 billion in the first six months of 2010. On the whole, this year's investment indices have been quite good. Capital investment in June was up 7.4% year on year. All this certainly demonstrates that businesses are reviving their old projects and launching new ones.

Let us go on to today's agenda. It is traditional. We will analyse transactions with Russian strategic assets in gold mining, special purpose machinery manufacturing and some other industries. I want to highlight one really critical project among the issues we will discuss today: the development of an international uranium enrichment centre based at the Angara Chemical Combine in the Irkutsk Region.

It aims to provide to non-nuclear countries sustainable access to nuclear plant fuel and, at the same time, guarantee nuclear arms nonproliferation.

Ukraine chose to join the centre several years ago. I can say today that Russia has completed all the relevant formalities and we are willing to sell 10% stock to our Ukrainian partners.

I am convinced that such cooperation will make the Ukrainian nuclear industry much more competitive and promote the implementation of ambitious joint projects in nuclear energy.

Let us get down to business.