Ukraine hopes that a joint venture with Russia to build Antonov aircraft will be set up in Russia as soon as October, the country's Minister of Industrial Policy said on Wednesday.
The two countries discussed the structure of the venture last week, and Russia "fully agreed" with the Ukrainian proposals, Dmytro Kolyesnikov said.
"We have now moved on to the technical level of our work," Kolyesnikov said.
The sum of the charter capital for the 50-50 venture between Russia's United Aircraft Corporation and Antonov has not yet been defined. It is likely to be denominated in rubles, since the venture will be on Russian territory, Kolyesnikov said.
In its first stage, the venture will manage the marketing and after-sales service of aircraft designed by Ukraine's Antonov Design Bureau.
The Antonov An-148 regional airliner is currently being produced jointly by both countries, and restarting production of the An-124 cargo aircraft is another project where the two nations are likely to cooperate.
Russia-Ukraine ties have blossomed since Yanukovych replaced pro-Western Viktor Yushchenko in February.
KIEV, September 22 (RIA Novosti)
