(QHA) - The issues of cooperation were discussed at the eighth meeting of the Subcommittee on International Cooperation of the Ukrainian-Russian Interstate Commission, in Rostov-on-Don, the press office of the Cabinet of Ministers said, Ukrinform reports. "Ukraine's intention to sign at the end of November this year an Association Agreement with the European Union, which will increase the competitiveness of the domestic economy, does not contradict the Ukrainian-Russian plans to expand bilateral contacts - the countries will strengthen ties in trade and other industries on the basis of the principle of most favored nation," the report said. Despite the fact that the process of demarcation of water borders has not yet been completed, NJSC Naftogaz of Ukraine with the Russian Gazprom, guided by the principles of international law, analyze the possibilities for an effective joint development of gas fields in the Black and Azov Seas. Also, Russia and Ukraine continue tests for the resumption of the project on the development of the An-124 Ruslan aircraft - this year it is expected to sign an intergovernmental agreement, which will launch its mass production. According to experts, the production of the aircraft will be profitable when ordering more than 40 planes a year. The approximate cost of the Ruslan plane in standard configuration makes USD 300 million.

QHA