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Rosatom inks peaceful atom accord with Mongolia

      RBC, 17.03.2009, Moscow 16:10:51.Russian atomic energy state corporation Rosatom and the Mongolian Nuclear Regulatory Authority have signed an agreement on stepping up cooperation. The document was signed following Russian-Mongolian talks between the two countries' prime ministers in Moscow today. As stated in the documents, the bilateral accord is meant to provide the impetus for developing interaction in the peaceful use of atomic energy.

      As reported earlier, news that Rosatom was poised to take part in developing Mongolia's nuclear energy industry first appeared in April 2008, when the Russian state corporations' chief Sergei Kiriyenko said following a meeting with Mongolian Prime Minister Sanjaa Bayar that Rosatom would draft the designs for a small- and medium-capacity nuclear power plant in Mongolia and possibly participate in the further exploration of the republic's uranium fields, as well as joint investment in uranium production and staff training. At the time, Rosatom estimated Mongolia's natural uranium reserves at over 100,000 tonnes.

      The two countries' PMs also signed a memorandum of understanding between Russian Agricultural Bank and Mongolia's Ministry of Food, Agriculture, and Light Industry, among other things.

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