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China, Russia sign bln-dlr nuclear deal: official

BEIJING - China and Russia on Friday signed a one-billion-dollar deal to expand a nuclear energy facility in the Asian nation, a Russian official said.

"We have completed negotiations on construction of a uranium enrichment factory," Sergei Kiriyenko, head of the Russian nuclear agency Rosatom, told reporters in Beijing.

He was speaking during a visit to Beijing by new Russian President Dmitry Medvedev, who is on his first foreign trip since taking office this month.

The deal will include construction of a fourth block of a nuclear facility that enriches uranium in China as well as the delivery of partially enriched Russian uranium, Kiriyenko said.

"The contract is worth more than one billion dollars, about 500 million dollars for construction and another 500 million for delivery of uranium," Kiriyenko said.

China has been seeking to expand its use of nuclear power, whic


Added: May-25-2008 
By: PiRaTeCoPy
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