Search Results for: Russia

BY KEITH NUTHALL
A HIGH level meeting involving the European Union’s (EU) most senior energy official and Russia’s vice-prime minister has kick-started moves to interconnect the EU and Russian power grids, leading to a final decision on the technical means by 2007.…

BY KEITH NUTHALL
THE UNITED Nations (UN) ‘fourth committee’ (on special political affairs) has started debating atomic radiation, based on a report on the subject by the UN scientific committee. It warns that ill health is still being created worldwide by environmental ionizing radiation, notably in the Ukraine, Russia and Belarus because of the Chernobyl disaster.…

BY MARK ROWE
POLYMETAL – Russia’s largest silver mining company – has started production at a new deposit in the country’s Far East. The Khakandzha mine and mill complex in the Khabarovsk region will produce 85 tons of silver and four tons of gold per year.…

BY MARK ROWE
UZBEKISTAN has been at the forefront of international AML efforts in the central Asia region, a spokesman for the United Nations Office on Drugs and Crime (UNODC) told the Money Laundering Bulletin. Uzbekistan has the most advanced AML legislation and apparatus of all the former Soviet Central Asia and has signed more than 20 bilateral and multilateral agreements on cooperation in fighting illicit drug trafficking with its Central Asian neighbours, as well as with Azerbaijan, Georgia, Iran, Pakistan, Russia and Turkey, according to the International Money Laundering Information Network (IMOLIN), (whose contributing members include the Financial Action Task Force (FATF), the Asia Pacific Group on Money Laundering, the United Nations and the World Customs Organisation).…

BY KEITH NUTHALL
RUSSIAN iron pellet maker Karelsky Okatysh is likely to receive a US$60 million loan from the European Bank for Reconstruction and Development (EBRD) to refinance short-term indebtedness and improve the standard of its machinery.

The money would pay for the “maintenance, modernisation and upgrade (increased efficiency)” of existing plant, said an EBRD note, which added that the debt relief would help the restructuring of Karelsky.…

BY MARK ROWE
THE 19th century saw imperial rivalry create the “Great Game”, when Russia and the British Empire tweaked one another’s tails in the region that following Russia’s Bolshevik revolution became known as Soviet Central Asia. The old Great Game was tied to control of India, and to gems and gold.…

BY KEITH NUTHALL
THE EUROPEAN Union (EU) Council of Ministers has approved the extension of an existing steel market access deal with Russia, widening it to cover two boron-alloyed flat products. As a result, for 2003, EU import quotas of 20,000 tonnes are to be opened for alloyed quarto plates, rising to 20,500 tonnes next year, while quotas for 95,000 tonnes of alloyed cold rolled and coated sheets will be opened for 2003, rising to 97,375 next year.…

BY KEITH NUTHALL
A SHARP public spat over the Kyoto Protocol has soured relations between the European Union’s (EU) environment Commissioner Margot Wallström and energy Commissioner Loyola de Palacio. The social democrat Swede criticised her Spanish conservative colleague in an undiplomatic briefing to journalists in Brussels, following de Palacio’s comments that the EU might have to reconsider supporting Kyoto, given Russia’s reluctance to ratify it.…

BY KEITH NUTHALL in Paris, ALAN OSBORN in London, MARK ROWE in Singapore, ED PETERS and DON GASPER in Hong Kong, RICHARD HURST in Johannesburg, MONICA DOBIE and PHILIP FINE in Montreal, MATTHEW BRACE in Brisbane and ALEX SMAILES in Port of Spain.…

BY KEITH NUTHALL
BONDUELLE is combining Euro 15 million from the EBRD with its own money to build a Euro 41 million plant producing 60,000 tonnes of fresh packaged vegetables a year, in Krasnodar, southwest Russia.…