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Putin decides to lend Belarus $600 million
Russian President Vladimir Putin has decided to grant Minsk a $600 million government loan, Russian Finance Minister Anton Siluanov told reporters on Monday. The funds will be used to refinance the repayment of prior loans issued by Moscow.
Siluanov also noted that, by the end of April, Belarus may also receive a $200 million tranche from the Eurasian Fund for Stabilization and Development (EFSD).
According to the finance minister, the countries are currently discussing the procedures …
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Stoltenberg confirms funding for US army depot in Poland
NATO Secretary General Jens Stoltenberg has confirmed that the alliance will allocate $260 million to the construction of a military storage site for the US forces in Poland, Polish Radio reports.
The base will be located in Powidz, and will house armored vehicles, ammunition and weapons for the American brigade.
Stoltenberg said that this investment from the NATO headquarters is of key significance due to the close proximity of a major military airport.
“This investment in infrastructure in …
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Two NATO ships dock at Ukrainian Port of Odessa
On the morning of Monday 1 April, two NATO ships entered the Port of Odessa. The Spanish frigate Santa Maria (F81) and the Canadian frigate HMCS Toronto (FHH333) were moored at berths 18 and 19, the local news outlet Dumskaya reported.
Santa Maria and Toronto will remain in Odessa until the evening of 3 April at the latest. Both vessels were opened to visitors on Monday afternoon.
After their stay in Odessa, the ships will take part in a PASSEX (passing exercise) with ships from the Ukrainian …
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Gazprom CEO sees no obstacles for Nord Stream-2
The head of Gazprom, Alexey Miller, in the interview with the program Moscow. Kremlin. Putin. stated that there are no obstacles for the construction of Nord Stream-2 and promised to complete the laying of two gas lines by the end of 2019, reports RIA Novosti.
“All those statements that have been made lately do not reflect reality. In general, there are no fatal legal obstacles that would make us think that we can not complete the construction of Nord Stream 2 before the end of 2019,” said …
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Russia to sell Egypt Su-35 fighter jets for $2 billion
Russia has agreed to sell Cairo several dozen Su-35 multipurpose fighter jets for a price of $2 billion, Kommersant reports, citing two senior managers in the Russian defense industry.
Egypt will also be buying MiG-29M and 29M2 fighters. At present, the Egyptian Air Force is using US-produced F-16s, French Mirage 2000s, Soviet-era MiG-21s and Chinese J-7s.
According to an agreement signed at the end of 2018, Russia will also supply aircraft weaponry. The delivery is scheduled for 2020-2021. …