Russia Welcomes Joint Pipeline Operation With EU

Russia is ready to work with the European Union on the establishment of international consortiums for operating transit pipelines to Europe, Russian President Dmitry Medvedev announced on Thursday while speaking to European politicians and businessmen. Such joint operations could be performed with the participation of companies from Russia, the EU, and transit countries, the leader stressed. Medvedev cited the examples of successful cooperation between the EU and Russia in such spheres as nuclear energy, space, aircraft manufacturing, and transport engineering.

The Russian President added that Russia was striving to establish clear rules of the game and create a regime that would be the most favorable for foreign entrepreneurs developing high technology operations in the country, and was expecting an equally measured approach from its partners in Europe.