9 December 2013, 19:14

Russia, Israel sign agreements on nuclear industry, energy, agriculture

Russia, Israel sign agreements on nuclear industry, energy, agriculture

Russia and Israel signed a number of cooperation agreements upon the conclusion of a meeting between the co-chairmen of the combined Russian-Israeli commission on trade and economic cooperation: Russian Deputy Prime Minister Arkady Dvorkovich and Israeli Foreign Minister Avigdor Lieberman, an Interfax correspondent reported from the signing ceremony.

Russia's Rosatom and Israel's Atomic Energy Commission signed a memorandum of cooperation in the field of radioactive substances.

Officials at the Russian Energy Ministry and Israeli Energy and Water Resources Ministry concluded a memorandum of understanding in energy.

In addition, a company from Chechnya, Lider R, and Israeli LR Group signed an agreement on construction of a dairy and commercial farm in Chechnya and a feed center to develop a dairy production cluster.

In addition, Russian export insurance agency EXIAR and the Israeli export insurance agency have signed an agreement on reciprocal commitments in the reinsurance area.

A research group responsible for the drafting of an agreement on a free trade zone (FTZ) between Russia and Israel will start its work soon, Russian Deputy Prime Minister Arkady Dvorkovich said at a meeting of the co-chairmen of the mixed Russian-Israeli commission for trade and economic cooperation.

The Russian Deputy Prime Minister added the following: "Taking into account mutual advantages which can be reached after the relevant treaty is signed, we want to say that we will surely find a solid basis for such an agreement and complete this process."

The trade volume between Russia and Israel has reached nearly 3 billion dollars, and we believe that we will be able to bring it to 3.5 billion dollars annually, Dvorkovich said, adding that for this it will be necessary to take several steps, among other things, in the trade in agricultural products . For his part, Israel’s Foreign Minister Avigdor Liberman stressed that the treaty on the establishment of a free trade zone is one of the main directions in the Russia-Israel work for 2014. "I believe that after this treaty is signed it will serve as a signal for both the state and the private sector," he added.

Voice of Russia, Interfax, TASS




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