London High Court rules Ukraine must repay $3 bln to RussiaBusiness & Economy March 29, 18:12
Russian energy minister pegs oil price at $70-100 as profitable for Arctic productionBusiness & Economy March 29, 18:02
Russian opera star Hvorostovsky announces two concerts in Toronto and DublinSociety & Culture March 29, 17:44
Russia's major natural gas producer says available reserves to suffice for over 20 yearsBusiness & Economy March 29, 17:38
Putin arrives in Franz Josef Land to size up Arctic environmental cleanupSociety & Culture March 29, 17:32
First in the world ice-class gas tanker comes to Arctic portBusiness & Economy March 29, 17:11
Eurovision broadcaster eyeing ban on Kiev from song contest over ‘unacceptable behavior’World March 29, 16:45
Diplomat slams calls to boycott 2018 FIFA World Cup as ‘campaign to contain Russia’Sport March 29, 16:34
How Russians conquered the Arctic in vintage photosBusiness & Economy March 29, 16:00
MOSCOW, June 26. /TASS/. Authorities of Russia’s Transbaikalia say they may sign early next year an agreement on lending to Chinese investors for 49 years of 115,000 hectares of land, Governor Konstantin Ilkovsky said on Friday.
Several public organisations and legislators were concerned the agreement may threaten the national security and planned to ask the president and the prime minister, as well as security authorities to study to the decision and to offer public discussions.
"As yet, we have signed a protocol of intention, under which we shall have big discussions in the region: which areas to lend, what crops will be grown, what the value added tax should be, how many investments we shall receive, what share of Russian labour will be used there," the governor said in an interview with Izvestia. "It is a long road, and we want to make a decision before sowing begins next year."
The local authorities, he said, hope the agreement may be signed in the first quarter of 2016.
"The target is February - March," the governor said. "The sowing begins in mid-May, and investors should be able to get ready and to begin working without missing a season.".