KIEV, May 27 –Ukraine and Brazil are setting the schedule for building the Cyclone-4 (Tsyklon-4) international space rocket at Brazil's Alcantara space center and will intensify work on the project, a source close to the project said.

The source said that the financial and organization aspects of cooperation under the Cyclone-4 international space project were considered by the sides at a meeting in Brazil of the board of directors of the Alcantara Cyclone Space Company.

The partners analyzed the current state of the realization of the project, including the pace of designing the rocket carrier and the implementation of the general schedule for the creation of the Cyclone-4 rocket. The board also studied the pace of certification of land-based equipment and proposals about funds to finance the supply of rocket fuel compounds and the rocket carrier.