[en] The nuclear accident at the Chernobyl nuclear power plant in 1986 first alerted the West to the significant safety risks of Soviet designed reactors. Five years later, this concern was reaffirmed when the IAEA, as a result of a review by an international team of nuclear safety experts, announced that it did not believe the Kozloduy nuclear power plants in Bulgaria could be operated safely. To address these safety concerns, the G-7 summit in Munich in July 1992 outlined a five point program to address the safety problems of Soviet Designed Reactors: operational safety improvement; near-term technical improvements to plants based on safety assessment; enhancing regulatory regimes; examination of the scope for replacing less safe plants by the development of alternative energy sources and the more efficient use of energy; and upgrading of the plants of more recent design. As of early 1994, over 20 countries and international organizations have pledged hundreds of millions of dollars in financial assistance to improve safety. This paper summarizes these assistance efforts for Soviet designed reactors, draws lessons learned from these activities, and offers some options for better addressing these concerns