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15 June 2004 02:17
Russia to allocate R30m for developing An-70 aircraft in 2004
Moscow, 15 June: Russia will allocate about R30m for developing the An-70 military transport aircraft in 2004, Leonid Terentyev, director-general of the Medium Transport Plane international consortium, told Interfax-Military News Agency on Tuesday [15 June]. "The Russian side will most likely earmark about R30m for the An-70 development in 2004. Russia is unlikely to provide more funds in 2004," Terentyev said. He noted that the upcoming meeting of the intergovernmental Russian-Ukrainian commission was unlikely to achieve a radical breakthrough with regards to the An-70 programme. According to Terentyev, the meeting will be held in the next one to two months. "The exact date of the meeting will be defined by the two governments," he said. He also noted that there were all necessary decrees, decisions, and orders for fulfilling and completing the An-70 research and development. The programme for the An-70 STOL aircraft has been implemented together by Russia and Ukraine on the basis of two intergovernmental agreements of 24 June 1993, and 19 May 1999. [Passage omitted: background]
[Interfax-AVN military news agency web site]
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