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Power pricing reform is necessary
The guidelines will abolish electricity and coal contracts from 2013. Coal companies and power plants will be able to settle coal prices through negotiations, says an article in 21st Century Business Herald.
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Feasibility Study for Bulgaria-Serbia Gas Interconnection Completed
Bulgaria's Deputy Economy Minister noted that the existence of gas grid interconnections would give Bulgaria the opportunity to develop the gas market and to persuade the European Commission that it took the problem seriously.
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Russia: Logistics key to retail expansion
Thanks to relative political stability and strong oil and gas prices, Russia's retail turnover more than quintupled from 2001 to 2011 and now exceeds US$600 billion annually. Data suggest that this sector is entering the steepest part of its growth curve. How will Russia's retailers face the challenges of this critical period of expansion? Will foreign retailers manage to get a slice of this growing pie?
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Georgian government to focuse more on EU integration
Ministry of Foreign Affairs of Georgia and the government will be more oriented towards integration into the European Union. Euro-Atlantic course of Georgia will be unchanged in the next year, Minister of Foreign Affairs Maya Panjikidze in an interview to "Rustavi-2".
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How strong are the ties that bind Russia and India?
Russian leaders come to India for a few hours and go back with defence deals worth billions. Much like last year, the Russian president, Vladimir Putin, was in India on Monday for less than 24 hours and the two nations ended up signing deals worth $4 billion.
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Chinese companies helping Iran?
A major Iranian partner of Huawei Technologies offered to sell at least 1.3 million euros worth of embargoed Hewlett-Packard (HP) computer equipment to Iran’s largest mobile phone operator in late 2010, documents show.
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Pak hardline party says talks with India 'will not be fruitful' without Kashmir solution
Pakistani hardline party Jamaat-e-Islami's (JI) chief Azad Kashmir Abdur Rasheed Turrabi has said the discussions between Pakistan and India would not be proved fruitful until the latter took serious steps towards resolution of Kashmir issue.
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Russian nod for India’s bid to link south with central Asia
India's pet project to link south with central Asia got support from Russian president Vladimir Putin. During their talks in New Delhi last week, Singh and Putin agreed to unfreeze the north-south corridor through Iran within the next year. India has taken the lead role in pushing for the completion of this project.
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