Governments of Turkey, Russia sign nuclear cooperation deal.

By bne IntelliNews June 9, 2010
The governments of Turkey and Russia signed a nuclear cooperation deal on the sidelines of the CICA meeting in Istanbul. According to the agreement, Turkey and Russia will exchange information and know-how on licensing and supervision of the nuclear facilities to be established in Turkey. In May, the two countries sealed a deal on the establishment of Turkey's first nuclear power plant in Akkuyu-Mersin by Russia. The power plant is estimated to cost USD 20bn. On a separate note, PM Recep Tayyip Erdogan and his Russian counterpart Vladimir Putin announce that the plans for extending the Blue Stream II pipeline to Israel have been scrapped. Erdogan says that the extension of the pipeline is not on Turkey's agenda while Putin asserts that due to technical issues the plans are shelved.

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