The Grant Agreement No.007 for licensing support of new storage facility for spent nuclear fuel at the Chernobyl NPP (ISF-2) was signed on 8th of July, 2009 between the European Bank for Reconstruction and Development, the Cabinet of Ministers of Ukraine and the State Nuclear Regulatory Committee of Ukraine.

To meet the requirements of Ukrainian legislation the Grant Agreement was ratified by Verhovna Rada of Ukraine on the 20^th of January, 2010 and enacted by the President's signature on the 28t of January, 2010.

The overall objective of the Grant Agreement is support to the SNRCU and other state regulatory authorities of Ukraine with respect to implementation of regulatory activities related to construction, commissioning and operation of ISF-2 to guarantee adequate consideration of the safety issues. Similar support shall be necessary for the liquid radwaste treatment plant at the Chernobyl NPP (LRTP).

To ensure implementation of international experience, best European practice and international standards in nuclear and radiation safety international experts will be involved in licensing support of ISF-2 and LRTP.