Medvedev calls for to speed up establishment of Rus-Mongol uranium

MOSCOW (Itar-Tass) - Russian President Dmitry Medvedev said
on Tuesday Moscow and Ulaan Baator should speed up their efforts to set up
an uranium joint venture, Dornod Uranium.
Addressing a news conference after talks with his visiting Mongolian
counterpart Tsakhia Elbegdorj, the Russian leader pledged Russia and
Mongolia would work on several joint projects, including the ones in the
nuclear sector. "We hope all the necessary procedures will be taken along
all these lines and these procedures will be accelerated," he added. "This
is what we have agreed to do with the Mongolian president."
According to the head of the Russian state nuclear concern Rosatom,
Sergei Kiriyenko, the enforcement of the Russian-Mongolian
intergovernmental agreement on the establishment of the Dornod Uranium
uranium mining joint venture is delayed due to procedural problems.
"We have signed final framework documents, the problem is in their
coming into force, since the Mongolian side somewhat delays procedural
issues," he noted.
"We have signed a roadmap under which the Mongolian side is to make a
list of property and assets to be contributed to the joint venture, but
this stage is dragging out," he noted. "The matter is not that nothing is
being done but there is a slow progress in the issue. The colleagues
promise to complete the process in the nearest future."
The joint venture is being formed under a protocol on development of
cooperation in the field of geological prospecting, production and
processing of uranium ores signed by the two countries.