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Belarus Seeks 9 US dollars bn Russian Loan to Build N-Plant

Belarus-Seeks-$9--bn-Russian-Loan-to-Build-N-PlantBelarus is seeking a $9.0 billion (6.5-billion-euro) loan from Russia to build a nuclear power station, Russia’s Finance Minister Alexei Kudrin said recently.


“Belarus is asking Russia for nine billion dollars in credit to build a nuclear power station,” Kudrin said. “We have the request from the Belarussian government and are examining it.

“To begin providing credit we need to be sure this station will be built, that there will be a definite sales market for the electrical energy and that a tariff price is set that allows for the credit to be paid off,” Kudrin said as he accompanied Russian Prime Minister Vladimir Putin at the talks.

Russia has regularly bailed out its western ex-Soviet neighbour Belarus with loans, which Minsk has in turn often needed to pay for Russian energy supplies. The two countries have maintained close political ties despite periodic strains in the relationship.