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West Asia
PKK earns $1.7 billion in drug trade: Ministry report
A narcoterrorism report prepared by Turkey’s Interior Ministry suggests that the outlawed Kurdistan Workers’ Party (PKK) earns nearly $1.7 billion each year through its involvement in the production and trading of cannabis, in addition to drug smuggling, Hurriyet Daily News reports. The PKK earns some 500 million Turkish Liras (around…
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Central Asia
Russia tests new Buk-M3 air defense missile system
Russia’s air defense system manufacturer Almaz-Antey has conducted successful testing of the newest Buk-M3 air defense missile system, Tass reports. The tests took place at the Kapustin Yar range near Astrakhan, Southern Russia, the company reported on June 24. “In June 2016, experts of the JSC Concern Almaz-Antey test fired…
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East Asia
Russia and China to produce heavy helicopter
Under the agreement between Russia and China, the Russian helicopters will provide technologies and also develop a technical proposal and separate systems of the new vehicle on a contract basis, Tass reports. The Russian and Chinese governments signed an agreement on June 25 to cooperate under a program to build…
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West Asia
Iran to barter oil with Turkey for rail
Iran has reportedly sealed a deal with Turkey to barter oil for rail. According to Tasnim news agency, the 80-million euro deal, Iran will buy nearly 1,000 kilometers worth of rails from Turkey, Pars Today reports. The report quoted Turkish Transportation, Maritime Affairs and Communications Minister Ahmet Arslan as saying…
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West Asia
Turkish parliament head: ‘The whole world is waiting for our leadership’
İsmail Kahraman, head of the Turkish parliament in Ankara, has said during an iftar dinner event in the province of Bursa that the whole world is waiting for Turkey’s leadership. According to Turkish Minute report, “Why are we not aware of our greatness? Turkey has a great mission, there is…
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Central Asia
Iran, Kazakhstan to build joint oil refinery in Mazandaran
Iran and Kazakhstan will participate in a project on constructing a joint oil refinery in Amirabad Port in Mazandaran province, head of Industry, Mine and Trade Organization of Mazandaran said on June 26. Mohammad Mohammadpour, Head of Industry, Mine and Trade Organization of Mazandaran, in a meeting with a Kazakh…
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East Asia
India and Pakistan Could Join SCO In 2017
Russian President Vladimir Putin has told the possibility that India and Pakistan could join the Shanghai Cooperation Organization (SCO) in 2017. Speaking at the SCO summit in Tashkent on June 24, Putin said New Delhi and Islamabad “must meet all the obligations to receive the status of member states, RFERL…
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Russia, Kazakhstan Discuss Joint Projects Worth $25Bln
Russia and Kazakhstan are discussing joint projects with a combined value of $25 billion, Kazakh President Nursultan Nazarbayev told the Russia-24 TV channel, Sputnik International news agency reported. “Some 6,000 joint [Russian-Kazakh] ventures have been developed since [the Eurasian Economic Union] and now we have projects worth $25 billion in…
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East Asia
China expects closer cooperation with India under SCO framework
(Xinhua) — China is looking forward to enhancing cooperation with its neighbor India under the framework of the Shanghai Cooperation Organization (SCO), Chinese President Xi Jinping said here on June 23. Xi made the remarks while meeting with Indian Prime Minister Narendra Modi ahead of this year’s SCO summit scheduled…
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East Asia
China and Iran to build oil export terminal in Persian Gulf
China and Iran agreed to jointly build an oil terminal in the Persian Gulf. The planned oil terminal will be built on Qeshm Island in the southern part of the Persian Gulf. It is expected to turn it into an important hub for oil production and storage. The $550-million contract…
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