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Kazakh And Russian Firms Sign Uranium Enrichment Deal

The agreement was signed by representatives of Kazakh and Russian companies on October 4 in Astana during a visit by Russian President Vladimir Putin (left) to Kazakhstan's capital (also pictured Kazakh President Nursultan Nazarbaev).

Firms from Kazakhstan and Russia have signed a deal on uranium-enrichment services.

The agreement was signed on October 4 in Astana by representatives of Kazakhstan's uranium operator Kazatomprom and Russia's Center for Uranium Enrichment during Russian President Vladimir Putin's visit to Kazakhstan's capital.

According to the document, Kazakhstan and Russia will jointly take part in projects conducted under the auspices of the International Atomic Energy Agency (IAEA) in the future.

Kazakhstan is the world's leading uranium producer, but does not have uranium enriching facilities.

Altogether, 56 business agreements valued at a total of $3 billion were signed at Astana's Forum on Interregional Cooperation that was attended by Russian and Kazakh businesses.

Putin and his Kazakhstan's President Nursultan Nazarbaev also attended the gathering.

Based on reporting by RIA and Interfax