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Russia to contribute $6.5 mn to global nuclear security fund

Russia plans to contribute $6.5 million to the IAEA Nuclear Security Fund (NSF) in 2010-2015, Russia's envoy to the UN said.

world Updated: Nov 03, 2009 15:44 IST

Russia plans to contribute $6.5 million to the IAEA Nuclear Security Fund (NSF) in 2010-2015, Russia's envoy to the UN said.

The NSF is a voluntary funding mechanism established by the International Atomic Energy Agency (IAEA) to support, among others things, the implementation of nuclear security measures to prevent, detect and respond to nuclear terrorism.

"Russia has made a decision to allocate a large voluntary contribution to the IAEA Nuclear Security Fund - $1.5 million in 2010 and $1 million annually in 2011-2015," Russia's envoy to the UN Vitaly Churkin told a meeting of the UN General Assembly Monday, adding that he hoped the money would contribute to the strengthening of the system of nuclear safety.

The official also said that Russia contributed 23.6 million roubles (over $800,000) to the IAEA Technical Cooperation Fund in 2009 and would continue making voluntary contributions in line with prior agreements with the IAEA.