Putin speaks of good prospects of Russian-British cooperation in space, nuclear sectors

Russia is counting on constructive cooperation with Great Britain in the space sector, President Vladimir Putin has said.

Russia is counting on constructive cooperation with Great Britain in the space sector, President Vladimir Putin has said.

"We held meaningful, constructive talks. In fact this was a continuation of our recent meetings and conversations in the Russian city of Sochi. And I am very pleased that we are developing such constant, business-like, constructive relations with the Prime Minister of Great Britain that give us an opportunity to discuss current problems in the economy and in the political sphere and in the sphere of international relations," Putin said after his talks with Prime Minister David Cameron on Sunday.

Putin stressed that despite the difficulties in the world economy Russian-British economic ties are developing. "Last year growth amounted to almost 10 percent and in the first months of this year mutual trade has grown over 15 percent," he said.

In Putin's opinion, Russia and Great Britain have good prospects in key industries.

"In high tech it is space. Mr. Prime Minister already mentioned the Russian GLONASS system. Here we hope for constructive cooperation. There are possibilities of cooperation in the sphere of nuclear power engineering and not just in the territories of Great Britain and Russia but also in the territories of third countries," Putin said.

He said relations are developing quite successfully in the sphere of hydrocarbons.

"We are interested in using the experience of the British capital city as one of the world financial centers, the operation of small and medium business," Putin said.

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