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International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2024, 15:16

Russia and Belarus sign agreement on building nuclear plant near Latvian border

Alla Petrova, BC, Riga, 16.03.2011.Print version
Russia and Belarus have signed an agreement on building a nuclear power plant in Belarus near the Latvian border.

Vladimir Putin and Alexander Lukashenko. Moscow, 15.03.2011. Photo:

The agreement was signed in Minsk yesterday by Russian Prime Minister Vladimir Putin and Belarusian President Alexander Lukashenko, informs LETA/ELTA.


The agreement stipulates that Russia will loan Belarus USD 9.4 billion for the construction of the nuclear plant.


It is planned that the plant will be put in operation by 2018.


Putin said during a meeting with Lukashenko that the new power plant would be safer than the "Fukushima 1" plant in Japan.


Russia's exports of nuclear technologies is one of the main sources of revenue for the country, and Moscow has signed agreements on construction of nuclear power plants in several countries the past several years.

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