Search Results for: Russia

AN OFFICIAL from the Organisation for Economic Co-operation & Development (OECD) has told just-drinks that the growth in free trade zones (FTZ) is boosting the sale of counterfeit drinks.

OECD’s policy analyst Florence Mouradian said the drinks sector that was a target for illicit traders in FTZs.…

Russian billionaire Viktor Vekselberg has confirmed plans to invest about Russian Roubles RUB8 billion (USD140 million) in developing an international airport at Novy Urengoy, in the Yamalo-Nenets Autonomous Okrug, a major oil and gas production centre in northern Siberia.

A concession agreement, signed between Vekselberg’s investment company Renova Holding and the Yamalo authorities, involves the billionaire promising to redevelop the existing Novy Urengoy airport by 2021.…

A RESUMPTION of flights from Russia to Egypt has been postponed to April, Russian state news agency TASS has reported, with procedural issues holding up the launch. Direct airlinks have been suspended since a 2015 terror attack on an airliner taking off from Egypt’s Sharm el-Sheikh.…

SENOR Russian government officials have conformed to GlobalMeatNews plans to build Russia’s largest duck meat production unit, in the Iskitimsky district of Novosibirsk region (oblast), south-western Siberia.

Russian ministry of agriculture and Novosibirsk oblast bureaucrats said the unit would be constructed by the Ulybino Poultry Factory Company, a major Russian poultry producer.  …

THE UK may have a formal relationship with the European Food Safety Authority (EFSA) after its planned March 29, (2019) departure from the EU, Prime Minister Theresa May has signalled in a detailed policy speech. Speaking in the City of London, she said: “We will also want to explore with the EU, the terms on which the UK could remain part of EU agencies…” And while not naming EFSA, she said – in theory – she was prepared to allow the UK to be bound by the rules of EU agencies, post-Brexit. …

A NEW multi-million dollar textile and clothing manufacturing hub is set to be established within the Crimea as a pressing Russian government priority to halt the annexed region’s trade in illegal textile products, according to Prime Minister Dmitry Medvedev.

Boosting domestic textile production – initially in garment fabrics and subsequently technical textiles – is aimed in part to depress demand for illicit goods in the peninsular, predominantly from China and Turkey.…

Saudi Arabia is pushing ahead with ambitious plans to build 16 nuclear reactors, both small and large, to generate 17GWe by 2040. While no tenders have yet been awarded, the kingdom is working with numerous international partners to develop its nuclear infrastructure and safety systems.…

INDIA’S 12 newly sanctioned nuclear reactors with 9,000-megawatt (MW) capacity may use imported fuel, but most of the equipment will be made in India, government officials have told Fuel Cycle Week.

“We will see what is the maximum [amount of fuel] we can get from within the country and then what will be the external input of fuel,” Malur Ramaswamy Srinivasan, member of India’s Atomic Energy Commission, told Fuel Cycle Week.…

WHILE Mongolia is a low-income country, with an annual per capita income of approximately USD3,590 in 2016 (said the World Bank), its economy is heavily reliant on mining, so increasing foreign investment in the sector is boosting the risk of dirty money entering the country.…

THE USA’S Financial Crimes Enforcement Network (FinCEN) has proposed banning correspondent bank relationships within the United States for the Latvia-based ABLV Bank which it says has aided money laundering. With US treasury secretary Steven Mnuchin immediately backing the move, the clampdown is sure to happen, maybe within three months.…