Source Pravda.Ru

Russian cabinet okays forestry development programme

At a sitting on Tuesday, the Russian cabinet approved the 2002-2010 programme for development of the timber-processing industry, Ilya Klebanov, Minister for Industry, Science and Technology, said following the meeting. Twenty billion dollars will have to be invested to implement this programme, he noted. "This ambitious project" will eventually, by four times, increase the wood-processing output, with a different structure, primary materials inputs and a greater output of products of thorough processing, he said. Timber-processing will develop through changes in the legislative base, the customs and tariff policy, and reform of the sector.

Among these steps Klebanov cited an increase in the minimum time of lease of forest ranges from 1-5 to 49 years. A 80-100-year lease is the goal because in this case lease-holders will assume the functions of forestry farms in the restoration of forests and environmental management, he believes.

Also, the Industry, Science and Technology Ministry proposes fixing an easy investment term on lease payment and putting in pledge lease rights. Russian banks think the possibility of replacing lease rights in case lease-holders fail to abide by credit terms attractive, noted Klebanov.

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.

Capitalism reduced Indonesian cities to infested carcases

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

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