Kazakhstan's Kazatomprom, France's Framatome to cooperate on nuclear energy

ASTANA. Nov 2 (Interfax) - Kazakhstan's Kazatomprom national atomic company and France's Framatome have signed an agreement on developing nuclear fuel cycle cooperation, Kazatomprom said in a statement on Thursday.

Kazatomprom's CEO Meirzhan Yussupov and Framatome's Fuel Business Unit, Sales and Marketing Vice President Vincent Mercier signed the document as part of the French President Emmanuel Macron's official visit to Astana.

The agreement provides for expanding mutually beneficial cooperation between the companies to implement promising joint projects in the field of the nuclear fuel cycle, as well as the education and training of specialists, the statement said.

"Framatome is one of the strategically important partners for Kazatomprom in developing nuclear fuel cycle projects. I am confident that joint work will allow us to open up new prospects for the development of bilateral relations in the field of peaceful use of nuclear energy", Yussupov is quoted as saying in the statement.

Kazatomprom is Kazakhstan's national operator for the exports of uranium, its compounds, rare metals and nuclear fuel for nuclear power plants and special equipment. The company's shares and GDR are listed on the London Stock Exchange and the Astana International Exchange.

Framatome is a Franch-based producer of equipment for nuclear power plants. The company has offices in 20 countries. Its revenue stood at 4.1 billion euros in 2022.