An agreement on cooperation was signed between Russia's foreign trade bank (Vneshtorgbank) and China's major state-run commercial bank - Industrial-Trade Bank - in Shanghai Friday. It is a frame agreement providing for cooperation in diverse fields, including frontier foreign economic links, regional trade and regular exchange of information on current banking activities. Under the agreement, the sides are to widen services in short-term trade financing, to search for acceptable ways of financing joint investment projects and to improve the servicing of small wholesale frontier trade. The banks also intend to facilitate the solution of financial matters erupting in trade and economic exchange.
Several years ago, a prominent Indonesian businessman who now resides in Canada, insisted on meeting me in a back room of one of Jakarta's posh restaurants. An avid reader of mine, he 'had something urgent to tell me', after finding out that our paths were going to be crossing in this destroyed and hopelessly polluted Indonesian capital.
Presidential candidate Ksenia Sobchak, who was accredited for the press conference by Vladimir Putin from Dozhd (Rain) television channel, asked Putin about competition at the coming election
On December 14, President Putin holds his annual Q&A session with Russian and foreign journalists. This conference is considered to be the beginning of his presidential campaign