IMPLEMENTATION OF ABOUT 50 RUSSIA-BELARUS UNION STATE PROGRAMS UNDERWAY

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MOSCOW, May 27, 2004 (RIA Novosti) - Most budget funds of the Union State - 93 percent - are spent on implementation of joint programs of the Russia-Belarus Union State, deputy of the secretary of the Union State Ivan Matskevich told journalists Thursday.

According to him, "the basis of economic integration is scientific and technical programs," Mr. Matskevich stressed.

"We implement the programs and give a new lease of life to a number of industries, create workplaces," he added.

He says implementation of about 45 joint programs is underway at the moment.

The "Diesel Car Engineering" program has not only saved "enterprises of this industry but made it possible to manufacture competitive goods, which meet the Euro-2 standards," the deputy of the secretary emphasized.

"The Union TV-Set" program was successful either. "It allowed to take the right place on the Russia-Belarus market and now we account for 30 percent of it," Mr. Matskevich underlined. "We expect it will be 60 percent in the future." Implementation of the program made it possible to manufacture up-to-date TV appliances and upgrade "Kvant" factories and the "Gorizont" works in Voronezh, Mr. Matskevich pointed out.

Moreover, the Union State is implementing the "Union Combine" program, which would upgrade the outdated agriculture equipment.

The budget of the Union State makes up 2,650,078,100 RUR, the Russia's revenues amount to 1,600,000,000 RUR, Belarus' revenues make up 862,000,000 ($1 equals about 29 RUR).

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