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China requests more than 50,000 hectares for soy plantations in Russia’s Primorsky Krai
The Chinese company Joyvio Beidahuang Agricultural Holdings wants to grow soy in Russia’s Primorsky Krai, announced Alexei Chekunkov, director of Russia’s Far East Development Fund.
JBA is a joint enterprise between Legend Holdings Joyvio Group and the Chinese state-owned Jiusan Grain and Oil Industry Group, and is interested in using Russian land for soy plantations.
The Chinese investors have already registered a Russian subsidiary, LegendAgro Holdings, which has leased 3,500 hectares in …
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Large-Scale NATO exercises begin in Lithuania
The large-scale military exercises named Gelezinis Vilkas 2019 (Iron Wolf 2019) started in Lithuania. About four thousand soldiers from 10 countries and more than a thousand units of equipment will participate in the exercises, and it will continue for two weeks, reports the command of the Lithuanian army.
"The purpose of the exercise, which involves units of Lithuanian Armed Forces, as well as personnel and equipment of NATO allies, is the integration of all these forces and means into a …
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Deripaska’s Rusal confirms plans to reregister in Russia
UC Rusal has confirmed its plans to reregister in Russia, reports RBC news agency reference with reference to a company spokesperson.
As announced earlier at the St. Petersburg International Economic Forum by Russian Deputy Minister of Economic Development Ilya Torosov, the company intends to reregister in Kaliningrad, Russia.
In August last year, the company announced that it was considering changing its jurisdiction from Jersey Island (one of the world’s largest offshore havens) to Russia. …
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Gazprom capitulates in gas dispute with Ukraine
A gas dispute between Russia and Ukraine, which began with a record drop in prices in 2013 and translated into a reduction and later suspension of supply, will apparently finally end with Gazprom capitulating.
The Russian gas monopoly is offering to negotiate a deal to resume the direct gas supply to Kyiv, and to extend the contract for transit to Europe that expires in 2019, said Gazprom CEO Alexey Miller.
The gas prices will be lower, he promised: the cost of gas for the end consumer will …
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Germany and Russia sign enhanced cooperation agreement
For the first time in several years, Germany and Russia have signed a joint document to deepen their economic cooperation. During the St. Petersburg International Economic Forum on Friday 7 June, German Minister of Economy Peter Altmaier and Russian Minister of Economic Development Maxim Oreshkin entered into the Partnership for Effectiveness program.
The aim of the program is to improve the effectiveness of the Russian economy through German technologies. The countries will collaborate to …
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Russia to send military to the Central African Republic by end of June
During a St. Petersburg International Economic Forum (SPIEF), Russian Deputy Foreign Minister and Special Presidential Representative on the Middle East Mikhail Bogdanov told journalists that the Russian military will be sent to the Central African Republic (CAR) by the end of July to participate in the UN mission, reports TASS news agency. According to Bogdanov, 30 Russian peacekeepers will be sent to the CAR. "I think [this will happen] soon. However, I am not sure if this will happen by the …
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Kyiv: Russia deployed heavy weapons to the demarcation line in Donbas
The Command of the Russian Armed Forces, as part of the training of the units of the First Army Corps (Donetsk) and the Second Army Corps (Luhansk), is taking steps to increase the combat their readiness, reports the press service of the Ukrainian Ministry of Defense with reference to the information provided by the Main Directorate of Intelligence of Ukraine.
According to the report, the Russian commanders continue to prepare the military units for the deployment to the front-line positions …
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Russian military losing ground in Syria
Russian military had to leave the military base in the village of Tal Salba in the North of the Syrian Hama province after it was shelled by militants from the terrorist group Hayat Tahrir al-Sham (former Jabhat al-Nusra), reports Al-Masdar News.
The militants attacked the Russian troops and, during their offensive, they also managed to capture several combat positions previously controlled by the Syrian army.
According to the report, the massive artillery shelling of Tal Salba was only …
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Russian oil extraction hits three year low
The contamination of Urals oil with chlorides and the subsequent suspension of the Druzhba pipeline, which accounts for 20% of Russia’s oil exports, has forced oil companies to drastically cut down on extraction.
In the first three days of June, the average extraction of oil and gas condensate in Russia fell from 11.11 to 11.87 million barrels per day, a source familiar with the operational statistics told Reuters.
Compared to March, extraction has decreased by 430,000 barrels per day (3.8%), …
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Russia’s Supreme Court upholds police travel ban
The Supreme Court of Russia has upheld the ban which prohibits police officers from traveling abroad on private business, and dismissed the complaint of Maxim Luzhnykh, a former road patrol squad commander in Moscow’s Southern District, Radio Liberty reports.
Luzhnykh was dismissed from law enforcement in 2016 after he went on holiday to Bulgaria and the Dominican Republic. In his complaint, he insisted that the ban on international travel violates the Russian Constitution, which guarantees …