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Thursday, October 21, 2010

Russia, Ukraine to regulate size of the Black Sea Fleet

Kilo class submarineMoscow and Kiev will soon sign an agreement regulating the upcoming overhaul of Russia's Black Sea Fleet, the Russian defense minister said on Wednesday.

"This new document will allow the Black Sea Fleet to maintain the number of personnel and weaponry at the levels stipulated in the 1997 Russian-Ukrainian accords on the Black Sea Fleet," Anatoly Serdyukov said after a meeting of CIS defense ministers in Ukraine's Crimea.

Russia's Black Sea Fleet is stationed in Ukraine's port of Sevastopol under a lease agreement. Moscow and Kiev recently signed a deal extending the lease on the fleet's base in Sevastopol for 25 years after the current lease expires in 2017.

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