Vladimir Putin has just signed law establishing Vladivostok as a free port in order to revive this Far Eastern economy to compete with Macau and Busan. The new legislation offers big tax advantages to local people and aims to attract foreign investments especially from China, Japan and South Korea. Key privileges include the following: the … Continue reading
“Deputy Prime Minister Dmitry Rogozin has visited the plant where parts for the new generation space rocket will be manufactured,” The Siberian Times reported earlier this week. According to the news agency, last month Rogozin: “announced the Angara-A5V* would be built, assembled and tested in Siberia, with Omsk chosen as the location for almost all … Continue reading
“The Altai Mountains could be sitting on a vast gold mine – quite literally. Geologists have discovered a large deposit of the precious metal to the north of the range, with estimates it could be worth as much as $850 million,” The Siberian Times reports. It is thought there could be up to 22.2 tonnes … Continue reading
“History has been made after the first winter oil shipment from Russia over the roof of the world left for Europe. The 16,000 tonnes of Novy Port oil set off from Yamal on board tankers that will be the first to navigate through the new Northern Sea Route across the Arctic” The Siberian Times reported. … Continue reading