UKRAINE MAY GET COMPENSATION FOR TACTICAL NUCLEAR WARHEADS.

Publication: Monitor Volume: 2 Issue: 97

Meeting in Moscow after the CIS summit, Russian prime minister Viktor Chernomyrdin and Ukrainian president Leonid Kuchma agreed in principle that Ukraine would receive $ 450 million in compensation for nuclear warheads of ex-USSR tactical nuclear missiles shipped by Ukraine to Russia in 1992. The sum is to be deducted from Ukraine’s energy debt to Russia, estimated at some $4 billion. But no document has been signed, and some Ukrainian officials understood their Russian counterparts as linking this issue to renunciation of the Ukrainian fleet’s bases in Sevastopol. (Interfax-Ukraine, Itar-Tass, May 18 and 19)

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