Turkey, Russia sign pacts on nuclear power plant, visa exemption

20:44, May 12, 2010      

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Turkey and Russia signed agreements on Wednesday to jointly build a nuclear power plant in south Turkey and lift visa requirements.

The agreements, which were signed during Russian President Dmitry Medvedev's visit to Turkey, are expected to facilitate the construction of a nuclear power plant in Turkey's Mediterranean province of Mersin.

The two countries signed a joint statement in January to let a consortium of Russia's Atomstroyexport and Inter RAO, together with Turkish company Park Teknik, build a nuclear power plant in Turkey's Mediterranean province of Mersin.

The consortium had been the sole bidder in a 2008 tender for the plant, but the deal was cancelled by Turkish authorities in November 2009 due to high prices set for the electricity produced by the plant.

The agreements will also allow Turkish and Russian citizens to visit the other country without a visa as part of the two countries' efforts to boost bilateral relations.

About 3 million Russian tourists visited Turkey annually before the global financial crisis and the number fell to 2.5 million last year due to the recession, Medvedev told reporters earlier on Wednesday.

Medvedev arrived in the Turkish capital Ankara on Tuesday for a two-day visit to the country.



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