SIGHTINGS


 
Ukraine to Close Chernobyl In 2000
12-14-98
 
 
KIEV -- (Agence France Presse) Ukrainian President Leonid Kuchma promised to stand by a 1995 promise to close the Chernobyl nuclear reactor in 2000, the head of the European Bank for Reconstruction and Development (EBRD), Horst Koehler, said Saturday.
 
"The closure of Chernobyl is a most urgent and necessary task," Koehler said.
 
The EBRD president said he had Kuchma's clear agreement to close the plant in line with a memorandum of understanding between Kiev and the G7 group of major economic powers.
 
He said he had asked Kuchma whether he intended to fulfil the 1995 memorandum, and the Ukrainian leader "clearly said yes."
 
In 1995, Ukraine and the G7 signed an agreement to close down the plant by the end of 2000 in exchange for $3.1 billion in aid from the G7 countries, including $5 million to develop other energy programs.
 
The 1995 memorandum set out the completion of two other nuclear plants, at Rivne and Khmelnitsky, in the west of the country, to make up for the shortfall of electricity from the closure of Chernobyl.
 
Kiev has made regular threats not to shut down Chernobyl if the international community fails to help finance the other two reactors.
 
Koehler said after a meeting with Kuchma and Prime Minister Valery Pustovoitenko on Thursday that nothing had yet been decided by the EBRD on the issue of international funding for the reactors.
 
Chernobyl's Number 4 reactor exploded on April 26, 1986, spewing out a cloud of radioactive elements over much of northern Europe. The accident was the worst civilian nuclear accident on record.
 
The official death toll released by Moscow, then capital of the Soviet Union, was 31 although unofficial reports put the total at several thousand.
 
Koehler also called on Kiev to work more closely with the International Monetary Fund (IMF) on its economic reforms, which he said should include a simplified tax code and more investment in the energy sector.
 
The IMF has released $335 million to Kiev as part of a $2.2-billion package to encourage structural reforms.
 
The EBRD currently has 28 projects in Ukraine, including 20 in the private sector, with a budget of $750 million.
 
He also congratulated the government, however, on its reaction to the economic crisis in neighboring Russia following the August devaluation of the ruble.
 
He said: "I do think the Ukrainian government have managed the crisis pretty well."
 
Kohler is due to head on to Moscow on Sunday for a two-day official visit. ( (c) 1998 Agence France Presse)
 
http://www.russiatoday.com/rtoday/news/19.htm





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