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China’s nuclear giant clinches massive deals with Rosatom, other global suppliers

Corresponding agreements and contracts on purchases were signed via video link

BEIJING, November 7. /TASS/. China’s nuclear corporation CNNC entered into eight agreements with Rosatom and other companies to the tune of $572 mln at the fifth China International Import Expo (CIIE) that is taking place in Shanghai, according to a statement released on the website of the Chinese company on Monday.

Apart from Rosatom, agreements with CNNC were signed by Canada’s uranium producer Cameco, as well as the developer of nuclear reactors Candu Energy, France’s producer of equipment for nuclear power plants Framatome, Kazakhstan’s Kazatomprom and the US-based Westinghouse Electric, the corporation noted.

Corresponding agreements and contracts on purchases were signed via video link. According to CNNC’s statement, they will facilitate international cooperation in the area of supplies for the nuclear industry. Documents were signed as part of a specialized forum dubbed 'Atoms for Future’ held on the sidelines of the exhibition, which was attended by representatives of companies, suppliers of equipment and feedstocks, diplomats, scientists and experts working in the nuclear sector.

CIIE is taking place in Shanghai from November 5 to 10. Some 66 countries, including Russia, are participating in it. Twenty-nine enterprises that will be part of the United exhibit of Russian companies organized by the Industry and Trade Ministry, are participating in the expo with the help of the Russian Export Center this year. Such areas as food and agriculture products, consumer goods, medical equipment, health goods as well as trade in services, are being showcased. In particular, VkusVill, Baltika, Dmitrovsky Dairy Plant, Siberian Wellness, Evalar, Transcontainer and a number of other companies are expected to present their products in respective sections.

Another 11 Russian firms will be showcased in the digital online pavilion. Moreover, some enterprises from Russia are taking part independently, placing their stands separately.