Russia and UK might conduct joint auditing

The carrying out of joint or simultaneous auditing by state audit agencies of Russia and Great Britain would contribute to the broad range of relations between the two countries, Sergey Stepashin, the Chairman of the Russian Audit Chamber, declared at his meeting with Tim Barr, the Deputy Controller and Auditor General of the UK National Audit Office. Barr supported Stepashin's idea.

The sides believe that this proposal can be implemented due to stable cooperation between the two agencies based on the memorandum of understanding signed in 2002, the information and public relations department of the Russian Audit Chamber reported.

During their visit to Russia the delegation of the UK National Audit Office is to consider questions of reforms and privatization of natural monopolies, the auditing of the efficiency of using state resources, the fight against money laundering and other related issues.