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Crimea hopes to receive a one-billion-dollar aid package from Russia

March 03, 2014, 22:06 UTC+3 SIMFEROPOL
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SIMFEROPOL, March 03, /ITAR-TASS/. Crimea hopes to receive a one-billion-dollar aid package from Russia, according to the autonomy’s First Vice-Premier Rustam Temirgaliyev.

“Russia is ready to grant 1 billion dollars in aid to Crimea,” Temirgaliyev said on Monday, adding that the Crimean authorities had already received the main parameters of financial assistance from Russia.

Temirgaliyev said that Russian companies, in turn, were ready to invest about 5 billion dollars in various investment projects that were under way in the Crimean territory.

“Today, we have received a convincing signal from Russia that it is going to finance the construction of a bridge across the Strait of Kerch and build a modern automobile road connecting Kerch, Simferopol and Sevastopol,” he added.

On Monday, Russian Prime Minister Dmitry Medvedev signed an order on transition of contractor’s functions in the project for the construction of a bridge across the Strait of Kerch to a joint stock company that is being set up by the Avtodor (Russian Automobile Roads) state company.

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