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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (1808)	11/3/2005 1:11:17 AM
From: brian h	Read Replies (3) \| Respond to of 218434

"""i believe""" You are still not waking up. That is "on topic". I am sure.

To: TobagoJack who wrote (1808)	11/3/2005 4:24:31 AM
From: elmatador	Read Replies (1) \| Respond to of 218434

10th meeting of the prime ministers of Russia and China due in Beijing on Nov. 3 and 4 Russia and China to Double Trade in 5 Years Created: 02.11.2005 17:34 MSK (GMT +3), Updated: 17:34 MSK, 18 hours 21 minutes ago Interfax Ahead of the 10th meeting of the prime ministers of Russia and China due in Beijing on Nov. 3 and 4, Russian Deputy Prime Minister Alexander Zhukov granted an interview to Interfax-China. How does the Russian side see the guidelines of Russian-Chinese trade and economic cooperation? The main priorities of Russian-Chinese trade and economic cooperation for the next five years will be not only stepped up bilateral trade, but — and this is the main thing — an improved structure of bilateral trade. As of the end of 2004, our volume of trade exceeded the historical mark of $20 billion, rose by 34.7 percent and amounted to $21.23 billion. In the first eight months of 2005, the trade volume demonstrated considerable new growth of 37.9 percent and amounted to $17.7 billion. However, Russian exports to China nowadays consist mainly of raw materials such as fossil fuels, timber, fertilizers, fish and sea products, ferrous and non-ferrous metals, cellulose and ore. In January-August 2005, the share of these products amounted to 87.2 percent of the Russian export. For the Russian side, the main aim is to find reserves for stepping up the trade volume with China by increasing exports of Russian machinery, equipment and high value added products and by developing investment cooperation. The sides are drawing up a program now: not only federal executive agencies, but scholarly research circles as well, have been attracted to work on it. This program is expected to help at least double the volume of Russian-Chinese trade over the next five years. Is Russia interested in an influx of Chinese investments, if it is, in which spheres in the first place? For instance, is the Russian side interested in Chinese investments in the advancement of its transport infrastructure, in particular the construction of the Moscow-St. Petersburg high-speed railway? As for priority sectors in terms of drawing Chinese investment, I can say that we are interested primarily in the processing sector, forest management, agriculture, and infrastructure projects. The construction of the Moscow-St. Petersburg road might also become a project in which Chinese investments could be made. What are the prospects of launching the eastern pipeline project? What route will the first oil be transported along? Will there be a special government resolution on the construction of the branch oil pipe? Does Russia expect China to participate in financing the construction of the pipeline and the development of oil and gas fields in Siberia? The Russian government passed a resolution to build the eastern pipeline in December 2004. The document confirms a step-by-step implementation of the project to build an oil pipeline with a total capacity of up to 80 million tonnes of oil a year with the use of railway capacity. The first stage of the project is to build an oil pipeline section from Taishet in the Irkutsk region to Skovorodino in the Amur region. The first stage, which will be financed by Transneft, should be completed in the second half of 2008. The second phase involves building a pipeline section from Skovorodino to the Pacific Ocean coast. The project’s feasibility study has been carried out, public hearings have been conducted in a number of Russian regions and the study is undergoing government evaluation. After the project’s feasibility study passes a government evaluation and is endorsed, the possible construction of a branch pipeline running to China will be considered. The Transneft company and Chinese companies have already begun working on parameters of the branch pipeline. What do you think of the plans of Chinese automakers to set up assembly lines in Russia? How can that affect the domestic automotive industry? Won’t it lead to a significant decline in demand for Russian cars due to the cheapness of Chinese vehicles? Assembly plants are set up in line with the existing law, without discrimination against any country, and with relevant agreements with the World Trade Organization taken into account. The number of such enterprises has been growing in Russia over the past few years. This year, a Renault plant has been opened and a project has been launched to build a Toyota plant. Until now, the Russian Economic Development and Trade Ministry has not received requests from Chinese automakers to provide assistance in establishing production on Russian territory. At the same time, a number of Russian automakers are planning to produce or are producing Chinese cars in Russia under license. In our opinion, the emergence of foreign carmakers on the Russian market will stimulate domestic producers to improve and reorient their production so that it is able to withstand competition. In addition, as the record of foreign car factories’ operations in Russia shows, their cooperation with Russian producers of car components has prompted proper investment in research and development, which has enabled Russian enterprises to start releasing products that meet global standards.