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Medvedev Ratifies Italian CW Disposal Aid Deal From Wednesday, June 25, 2008 issue.

Medvedev Ratifies Italian CW Disposal Aid Deal


Russian President Dmitry Medvedev has ratified an agreement enabling Moscow to accept more than $560 million in Italian assistance for chemical weapons disposal, SKRIN Market & Corporate News reported yesterday (see GSN, May 22).

The legislation establishes Italy’s obligation to provide the funding to Russia and sets out legal and bureaucratic mechanisms for the collaborative effort.  The deal also includes tax and liability protections for Italy.

The Italian funding could be used to build a new facility for eliminating chemical warfare agents and weapons stored at Pochep, in Russia’s Bryansk region (SKRIN Market & Corporate News, June 24).

 


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