(QHA) - Ukrainian President Viktor Yanukovych has signed the law on the ratification of an agreement between the Cabinet of Ministers of Ukraine and the governments of Russia and Hungary on the transportation of nuclear materials between Russia and Hungary through the territory of Ukraine, the president's press service reported. The Verkhovna Rada ratified this agreement on Oct. 23, Kyiv Post informs. As reported, the explanatory note to the ratification bill reads that the agreement regulates security and responsibility of the parties during the transportation of nuclear materials, determine the mechanisms of cooperation between relevant agencies at all stages of the transportation, and forms contractual terms for environmental protection. "The ratification will allow us to bring the current contractual and legal basis on the transportation of nuclear materials between Ukraine, Russia and Hungary into line with the requirements of the Vienna Convention on Civil Liability for Nuclear Damage dated May 21, 1963 regarding the issues of loss recovery in case of a nuclear incident," reads the note.