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Russia and Ukraine to Sign a Memorandum of Cooperation in Shipbuilding

April 21, 2010

Russia and Ukraine are preparing a memorandum of cooperation in shipbuilding. According to the Ministry of Industrial Policy of Ukraine, cooperation in the shipbuilding which is a very important industry for both economies (especially in the area of heavy-tonnage vessel construction) was discussed at the VI meeting of the Industry Policy Subcommittee of the Economic Cooperation Committee of the Russian-Ukrainian Interstate Committee held in Kiev on April 15.

The memorandum of cooperation is currently being drafted, communicated the Ministry. The Ukrainian industrial Ministry points out, the preparation for document execution is at the final stage.

The regular meeting of the Industry Policy Subcommittee is agreed to be held in Moscow in November, 2010.

Source: IAA PortNews

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