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Central Asia
Eurasian Union to hold expert talks with Iran
Member-countries of the Eurasian Economic Union (EAEU) will hold expert-level talks on creating a free trade zone (FTZ) with Iran at the end of June, Russia’s First Deputy Economic Development Minister Alexei Likhachev told TASS on June 16. “The talks are scheduled for late June. These will be consultations at…
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Central Asia
“Turkey seeks reconciliation with Russia”
Turkey, which bears primary responsibility for the tension, was expected to be the first to seek to settle disagreements – and it has been doing so for several months, expert in Turkic studies Gevorg Petrosyan told Tert.am as he commented on the latest developments in Russia-Turkey relations. “I think it…
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Central Asia
Western Europe remains Russia’s largest foreign investor
Russia retained the eighth position among European countries by level of foreign direct investment, Tass reports. The number of foreign direct investment (FDI) projects in Russia grew 61% to 201 in 2015, which made Russia one of the leaders in terms of growth rates of the number of such projects,…
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Central Asia
Outflow of Capital From Russia Decreased Almost by 9 Times
Vladimir Putin said that the outflow of capital from Russia has decreased almost by nine times, Sputnik reports. The outflow of capital from Russia has decreased almost by nine times, Russian President Vladimir Putin said on June 17. “The outflow of capital in our country has decreased by [many] times……
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Central Asia
Cash collectors bring $212,000 fake money to Russian bank
A bank in Tatarstan’s capital Kazan has reported to police the swapping of banknotes worth 14 million rubles (over $212,000) for counterfeit money, a spokesperson for the Russian Interior Ministry said on June 16, TASS reports. “According to preliminary reports, some banknotes brought to the bank by cash collectors were…
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East Asia
India to join Shanghai Cooperation Organisation within a year
India is to attain full membership of the Shanghai Cooperation Organisation (SCO) within a year, Secretary General of the six-member political, economic and military alliance led by China and Russia has said, The Indian Express reports. “For almost a year, we held consultations with top representatives from India. To become…
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South East Asia
Putin: Russia, India have great room for expanding economic cooperation
Russia and India need to step up economic cooperation, Russian President Vladimir Putin said, emphasizing that the current trade turnover between the two countries has not reached its potential maximum, Trend reports. “As for our [India-Russia] relations, they have very deep roots, and we highly value this. We have very…
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Central Asia
Iran and Russia to product Sukhoi Superjet 100
Iranian trade minister said the country is interested in the joint production of Sukhoi Superjet 100 airliner with Russia, Press TV reports. Iran says it is looking into a plan to jointly produce Sukhoi Superjet 100 (SSJ 100) airplanes with Russia – what could take the Islamic Republic to the…
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West Asia
“Georgia is a new destination of globetrotters”
Georgia as a country of an ancient civilization locates in the middle of Caucasus region. The natural beauties and historical heritages are very attractive for global tourism. Edita Badasyan, the reporter from Georgia, made an interview with Daria Kholodilina, from Brand Development Department at Georgian National Tourism Administration. Ms. Kholodilina…
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West Asia
Iran rejects oil proposal of Hungary
A National Iranian Oil Company (NIOC ) official, while pointing to MOL Group’s request to import light crude from Iran, said the country is not ready to deploy the oil product to the Hungarian company, Mehr News Agency reports. Executive Director for International Affairs at National Iranian Oil Company (NIOC)…
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