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Russia to allocate additional €10 million to Chernobyl Shelter Fund

April 30, 2015, 9:40 UTC+3 MOSCOW
the fund is intended to replace the present sarcophagus hastily constructed by Chernobyl liquidators after the April 26, 1986 Chernobyl disaster
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© EPA/ITAR-TASS/ SERGEY DOLZHENKO

MOSCOW, April 30./TASS/. The Russian government has ruled to make additional contribution to the Chernobyl Shelter Fund in 2016-2017 to a total amount of €10 million (5 million euro yearly), the official website of the Cabinet of Ministers reports on Thursday.

In 1997, the G7 nations convened to set up a fund to finance the construction of an arch to seal Chernobyl’s sarcophagus and contain the radioactive remains of Chernobyl Unit 4.

It is intended to replace the present sarcophagus hastily constructed by Chernobyl liquidators after the April 26, 1986 Chernobyl disaster.

The fund is managed by the European Bank for Reconstruction and Development, which reports to the donor states on spending at sessions of the Assembly of Donors.

"The Russian Federation fully complies with its international commitments on financing the construction of New Safe Confinement over the sarcophagus," the report said.

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