This week in photos: Trump with Pope, St Nicholas relics in Moscow and Zuckerberg's degreeSociety & Culture May 26, 17:45
Bolshoi Theater vows to put on at least 10 new shows next seasonSociety & Culture May 26, 17:34
First out of four IS members detained in Moscow arrested for 2 monthsSociety & Culture May 26, 17:17
Putin says attackers, masterminds of terror attack in Egypt must not go unpunishedRussian Politics & Diplomacy May 26, 17:13
Russian oil and gas companies may use Ka-62 helicopter for Arctic projectsBusiness & Economy May 26, 17:05
Russia may increase spending on military bases abroadMilitary & Defense May 26, 16:45
Lavrov praises Eurasian integration projectsBusiness & Economy May 26, 16:40
Estonian Foreign Ministry confirms plans to expel two Russian diplomatsWorld May 26, 16:30
Russia stands for diplomatic settlement of North Korean issue — presidential aideRussian Politics & Diplomacy May 26, 16:25
CHENGDU (Southwest China) / August 7 /TASS/ The Russian company Renova Orgsyntes and Chinese Beyer Chemical Group, along with Lutianhua Group has signed an agreement on cooperation for the production of the herbicide glyphosate to control weeds, the companies said in a statement on Friday.
The Prime Minister of the Chuvashia Republic Ivan Motorin, said on the sidelines of the Russian-Chinese dialogue "Volga-Yangtze" that the agreement provides for the establishment of a chemical plant worth $2 billion.
"So far, the investments have been preliminarily outlines, its $2 billion. After the project is approved, the financing will be finalized," he said.
According to him, it is not certain yet, whether or not the plant will be a joint Russian-Chinese production.
"Presently, we are putting together the work format, since before this agreement Renova Orgsyntes had planned to implement this project on their own," Motorin said, adding that the Russian company is cooperating with the Chinese partners on the equipment purchasing.