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Canada to Help Fund Russian Submarine Dismantlement From Thursday, August 5, 2004 issue.

Canada to Help Fund Russian Submarine Dismantlement


Canada has agreed to provide Russia with more than $18 million to help dismantle three nuclear submarines, Canadian Foreign Affairs Minister Pierre Pettigrew said yesterday (see GSN, July 21).

Under an agreement reached with Russia, Canada plans to aid in eventually dismantling 12 Victor-class attack submarines — an effort set to cost more than $75 million. Canada’s aid is part of its contribution to the Group of Eight Global Partnership, under which the G-8 nations agreed in 2002 to pledge $20 billion over 10 years to aid nonproliferation efforts, primarily in Russia (Associated Press, Aug. 4).

 


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