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Former Soviet Union: Uk Contribution To Privatisation And Nuclear Safety

Volume 548: debated on Tuesday 27 July 1993

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asked Her Majesty's Government:How much they have contributed, are contributing and propose to contribute to the countries of the former Soviet Union towards:

  • (a) privatisation,
  • (b) environmental security (including nuclear), clean up, and regeneration, and the research needed for these last, particularly at Chernobyl and Chelyabinsk.
  • Through the Know-How Fund we have provided £2·612 million for privatisation activities in the former Soviet Union, and £0·693 million on bilateral environmental security projects, including a study of clean up requirements following Chernobyl. We have also contributed £8·25 million to the EBRD-managed nuclear safety account. Privatisation will remain a key component of Know-How Fund activities. We will contribute substantial amounts of both technical assistance and export credits to the G7's $3 billion programme of support for Russian privatisation announced in Tokyo. The European Community's programme includes privatisation and nuclear safety as priority activities. UK contributions cover approximately one sixth of expenditure in these areas.