This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Ukraine, US Jointly Pursue Missile Destruction

KYIV, Ukraine, May 21, 2013 /PRNewswire/ --

Today Ukraine has opened the rocket engine airframes disposal facility in Dnipropetrovsk oblast. Its operation allows for environmentally friendly disposal of the RS-22 (SS-24) missile components and contributes to international security.  The launch of the facility has been the result of negotiations between the U.S. President Barack Obama and the President of Ukraine Viktor Yanukovych back in April 2010.

Ukraine has entered the final stage of the fulfillment of its international commitments stipulated by to the Strategic Arms Reduction Treaty, said the President of Ukraine Viktor Yanukovych at the opening ceremony.

The newly opened facility will house the destruction of RS-22 missiles, developed in 1980s by the Design Bureau Yuzhnoye in Dnipropetrovsk. Created to counter American Peacekeeper (the MX missile), RS-22 featured nuclear warheads and had a range of 10,000 kilometers, informs plesetzk.ru.

Over three years ago, the U.S. has agreed to contribute to the destruction of Ukraine's intercontinental ballistic missiles and its components. Currently, USA's contribution to the project approaches USD 20 million - 90 percent of the total project cost. The funding helped create an industrial research center at the Ukrainian chemical plant - Pavlohradskyi Khimichnyi Zavod. The center allows for environmentally friendly melting of the RS-22 (SS-24) missile airframes, as well as safe waste and solid fuel disposal. In March 2013, the plant launched landmine destruction line.

Ukraine has been positioning itself as a peaceful country since the declaration of independence in 1991. It has since been ridding itself of the Soviet military heritage.

In 1992, Ukraine joined the Lisbon Protocol, which made it party to the 1991 Strategic Arms Reduction Treaty. In December 1994, Ukraine joined the Treaty on the Non-Proliferation of Nuclear Weapons and proclaimed its non-nuclear status. The last nuclear warhead was shipped from Ukraine to Russia in 1996. In March 2012, Ukraine completely removed the remaining amounts of highly enriched uranium from its territory.

At the moment, Ukraine is disposing of 133,000 tons of obsolete ammunition under the 12-year NATO-Partnership Trust Fund project. Launched in 2006, the project has entered its second stage in April 2012. The stage envisions the destruction of conventional munitions, small arms, and three million PFM-1 landmines.

SOURCE Worldwide News Ukraine

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs