ASTANA, May 29. /TASS/. Russia is establishing an entire nuclear industry in Kazakhstan rather than simply financing construction projects, Russian President Vladimir Putin told reporters.
"We are not just building something using credit resources. We are creating an industry. We are starting to train specialists and engaging local personnel in collaborative work," the Russian leader emphasized.
When asked about the benefits of building a nuclear power plant in Kazakhstan, including the allocation of a Russian state export loan to finance it, Putin replied: "Firstly, our terms for financing such projects are no different from similar operations and similar deals in other regions of the world. This is standard international practice. If someone does something, then, as a rule, the corresponding loans are allocated."
He added that some European countries, as well as Russia itself, have established entire credit lines aimed at supporting domestic exports, in this case, the export of services and goods.
"Of course, this is beneficial to us, considering that we are not sinking or giving away this money, but lending it out. This money will be returned to the Russian treasury. We are lending it with interest, as is customary in all such cases. The interest, it's true, is quite reasonable and meets all current international standards and requirements," Putin noted.
