Under the Development of the Nuclear Power Industry Complex state programme, Rosatom State Corporation will receive funds to pay in 2018-2020 the Russian Federation’s targeted annual contributions to the IAEA Technical Cooperation Fund. Funds for these purposes are provided for in the federal budget for 2018 and the planning period of 2019 and 2020.
Submitted by Rosatom State Corporation.
In accordance with Federal Law No. 362-FZ of 5 December 2017, On the Federal Budget for 2018 and the Planning Period of 2019 and 2020, the amount of contributions to international organisations, including the IAEA Technical Cooperation Fund (hereinafter referred to as the Fund) was defined for Rosatom State Corporation.
The Fund is the main instrument of technical cooperation between the IAEA member countries. In accordance with IAEA regulations, the Fund’s resources are used to pay for the services of experts and consultants, to purchase equipment and materials, and to provide other assistance approved by the IAEA Board of Governors. The Fund’s resources are distributed in large part in the interests of developing countries to implement projects for the peaceful use of atomic energy. Russian organisations and experts are involved in the implementation of these projects.
Under the signed directive, Rosatom State Corporation will receive funds to pay the Russian Federation’s contributions to the Fund in the amount of up to 2.55 million euros in 2018 and up to 2.56 million euros annually in 2019 and 2020.
Rosatom State Corporation is entrusted with coordinating the work on technical cooperation with the IAEA and monitoring the use of the allocated funds.
The directive will provide for Russia’s full-fledged participation in IAEA activities and will contribute to resolving the task of strengthening the innovative capacity of Russian nuclear technologies and expanding the scope of their use, as defined in the Development of the Nuclear Power Industry Complex state programme.