28 February 2003 00:00
ON THE VERIFICATION OF THE EFFICACY IN THE USE OF THE FUNDS BEING ALLOCATED BY RUSSIA AND THE UNITED STATES FOR THE IMPLEMENTATION OF THE HEU DISPOSITION AGREEMENT
2003-02-27
The utilization by American atomic power stations of Russian low enriched uranium makes highly enriched the cooperation of the two countries both in the field of disarmament and in the area of advanced technologies, said Chairman of the Russian Audit Chamber Sergei Stepashin yesterday during a telephone conversation with his American colleague - David Walker, Comptroller General of the United States.
The heads of the highest bodies of state financial control exchanged congratulations on the occasion of the tenth anniversary a few days ago of the Russian-US agreement concerning the disposition of highly enriched uranium extracted from nuclear weapons, under which that uranium is being processed into low enriched uranium supplied as nuclear fuel to American atomic power stations.
During the conversation, held as part of the established practice of regular consultations, both leaders discussed questions related to carrying out parallel checks of the accuracy and effectiveness of the use of the funds being allocated by both countries for the implementation of the Agreement, as well as of the fullness and timeliness of the transfer of revenues to the budget of Russia.
Questions concerning the final stage of work on the creation within the International Organization of Supreme Audit Institutions (INTOSAI) of a special working group for the fight against the penetration of transboundary crime into world financial systems and for cutting off the channels of financial support for international terrorism were also considered. The decision on the establishment of that group has been adopted by the Congress of INTOSAI on the initiative of the Audit Chamber of Russia.
Agreement was reached on the further continuation of contacts on questions relating to carrying out parallel checks under the Russian-American HEU Agreement, as well as to the creation of the special working group of INTOSAI.
___________________________________________________________
© Publication of the Ministry of Foreign Affairs of the Russian Federation.
| 
RUSSIA IN FACTS