[EUROASIA] Russia + China see nuclear power as a priority in economic ties

Russia and China consider cooperation in nuclear power to be a priority of bilateral economic ties, a communique rounding off President Dmitry Medvedev's two-day visit to the country said on Saturday.

"The heads of state consider cooperation in nuclear power to be a priority area of economic cooperation, and express their satisfaction with the success that has been achieved in this sphere, and the readiness of the two countries to continue mutually beneficial cooperation," the document said.

On Friday, Russia signed a contract with China to build a uranium enrichment plant in the country and to supply uranium. The cost of a fourth uranium enrichment facility to be built near Lanzhou in north China's Gansu province will exceed $1.5 billion, according to Russian nuclear chief Sergei Kiriyenko.

Russian nuclear equipment and services exporter Atomstroyexport completed the first phase of the Tianwan power plant in eastern China's port city of Lianyungang in September last year, under a 1992 accord.

Source: Russian News and Information Agency