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Article

15 Oct 2001

Author:
UN Wire

RUSSIA: Major Oil Company Joins Global Compact

At a ceremony Friday at the U.N. Office for Project Services' headquarters in New York, UNOPS [United Nations Office for Project Services] Executive Director Reinhart Helmke and Mikhail Khodorkovsky, the chairman and CEO of Russia's second-largest oil company, YUKOS, signed a partnership framework agreement. YUKOS officially joined U.N. Secretary General Kofi Annan's Global Compact initiative. Under the agreement, the two partners will undertake and design projects in Russia and surrounding countries, targeting areas such as social investment in post-conflict societies, environmental cleanup and management, educational and cultural exchanges in support of peace or stabilization processes, the digital divide, health care and the development of small- and medium-size enterprises..Khodorkovsky also met separately with Annan to sign numerous agreements on environmental protection and human rights, according to the RosBusiness Consulting Agency.