17.10.2004 - China planning to invest $12Bln in Russia by 2020
China is planning to invest $12 billion in Russia by 2020, Chinese State Council Premier Wen Jiabao announced at a Friday meeting with Russian President Vladimir Putin, China Daily reported on Saturday.
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16.10.2004 - Russias President Vladimir Putin is on the last day of his official visit to China, scheduled for three days
The event promises to come as a mighty impetus to bilateral economic contacts-suffice it to mention a partnership agreement Russia’s Gazprom and the China National Petroleum and Gas Corporation signed during it.
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12.10.2004 - Budget surplus to beat expectations
In the estimation of the Russian Finance Ministry, the surplus of the federal budget 2004 is expected to be RUR 505.7bn (about $17.36bn), instead of the planned RUR 83.4bn (about $2.86bn), a source in the government told RBC. He was speaking before attending a cabinet meeting where the allocation of additional revenues would be discussed.
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12.10.2004 - Justice Ministry decides to sell Yuganskneftegaz at 60% discount
The Justice Ministrys Main Directorate Tuesday said the valuation of Yuganskneftegaz had been completed, and that it had been decided to sell some of the shares in the production unit via the Federal Property Fund.
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12.10.2004 - TNK-BP to undergo corporate restructuring
TNK International Limited, a TNK-BP subsidiary, has secured approval from group’s bonds holders for corporate restructuring, the press department of TNK-BP reported.
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12.10.2004 - Some YUKOS assets to be sold through federal property fund
The Russian Justice Ministry has made a decision to sell part of YUKOS assets through the federal property fund RFFI, Justice Ministry official Alexander Buksman said.
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