Asia > Eastern Asia > China > Chinese, Ukrainian firms sign cooperation agreement in civil nuclear energy

China: Chinese, Ukrainian firms sign cooperation agreement in civil nuclear energy

2015/09/30

A Chinese company and two Ukrainian nuclear safety firms on Friday signed an agreement on cooperation in civil nuclear energy.

In accordance with the agreement, Qingdao Xianchu Group of east China's Shandong Province, and Ukraine's National Scientific and Technical Center for Nuclear and Radiation Safety and the Institute for Safety Problems at the National Academy of Sciences agreed to launch cooperation in such areas as scientific nuclear research and disposal of spent fuel and radioactive waste.

"The major purpose of this agreement is an establishment of a joint research and technology institute to develop new technologies for nuclear power plants (NPP) decommissioning," said Chen Kun, chairman of Qingdao Xianchu Group, at a signing ceremony of the transaction in Kiev, the capital of Ukraine.

The projected institute on NPP decommissioning, which will do research in the sphere of peaceful use of nuclear energy, will be built in China, said Chen, without giving the detail of the proposed project.

Victor Bozhko, chief of the National Nuclear Regulatory Inspectorate of Ukraine, the supervisory body of the two Ukrainian entities, said that Ukraine is willing to share its experience with China in conducting nuclear safety projects while learning from China in the sphere of peaceful uses of nuclear energy.

Related Articles

Guangzhou’s 16,000 Africans hit by effects of China slowdown on home continent
2016/07/04 With few customers at his wholesale jeans store in Guangzhou these days, Nigerian trader Brien Chuks busies himself looking next his three-month old baby. “Last year I sold 12 shipping containers of jeans back to west Africa but this year I haven’t managed to fill a single one,” says Mr Chuks, who operates from the Canaan market in China’s third-biggest city, like a lot of other Africa-focused exporters. “The Nigerian economy depends on oil so with the crude price having fallen so low, business is very hard.” In a sign of the circularity in the world economy, the Africa-focused traders who have long thrived in Guangzhou are suffering because of a commodities-driven slump in their home continent that from presently on originated in China. At the same time as rapid Chinese increase pumped up prices of oil and metals, resource-rich parts of Africa thrived, buying additional consumer goods from Guangzhou. Presently the opposite has happened. Sitting in the midst of China’s manufacturing heartland, Guangzhou has long been a centre for trade with Africa.
United States sees China investment talks ‘productive’ after new offers
2016/06/20 Bilateral investment talks between the United States and China “continue to be productive,” the US Trade Representative’s office said on Friday next the two sides exchanged new offers this week. A USTR spokeswoman said US and Chinese negotiators exchanged revised “negative lists” of sectors that would remain off-limits from foreign investment as they try to reach a transaction for a bilateral investment treaty.
Djibouti partners with China to develop local infrastructure and global trade routes
2016/06/18 Djibouti has recently inked an agreement with China to streamline the East African country’s Customs systems, in a bid to consolidate its position as a logistics and trade centre for the region. The agreement comes as Djibouti channels some $14bn worth of investment – inclunding over $1bn worth of concessional financing from Chinese banks – for a spate of major infrastructure projects, ranging from free trade zones to a new railway and port facilities. The new Silk Road
Asia Property Bond Market Enjoys Strong Momentum from Stock Market Volatility
2016/06/12 Chinese Developers Delay Bond Maturity, Deficit to Peak in 2020
Forty-six Chinese-owned companies registered in Guinea-Bissau
2016/06/11 The Company Formalisation Centre (CFE) of Guinea-Bissau from May 2011 to May 2016, registered 46 companies whose owners are from China or Guineans associated with citizens from that country. Statistical data from the CFE to which Macauhub had access Thursday showed that the 46 companies are linked to agriculture, fisheries, catering, clothing sales, cosmetics and computer products, part others.