Lithuania should take initiative to stop money emigration
Over the past eight months of 2011, more than one and a half billion litas flowed outside Lithuania. The country has to take action to reduce its dependence on imports and encourage exports to stop the emigration of money, an economist with Nordea Bank Lietuva says.
Russia faces some problems in the relations with India
Ahead of a Russian visit of Indian Prime Minister Manmohan Singh in December “privileged strategic partnership” between Moscow and New Delhi faced serious problems, the Kommersant writes. The project to build a nuclear power plant involving Russian specialists in Kudankulam is under threat over the protests of local residents.
Tajikistan and Switzerland Signes Number of Agreements
According to the Tajik MFA information department, Tajik Foreign Minister Hamrokhon Zarifi and Mr. Stephen Nellen, Swiss Ambassador to Tajikistan (with residence in Astana), signed a number of documents on bilateral cooperation between Tajikistan and Switzerland.
Energy cooperation between EU and South-Eastern European countries
The Energy Community Treaty was signed between the European Union and nine countries (so-called contracting parties) from the Balkans (seven states), Moldova, and Ukraine with Armenia, Georgia, Norway and Turkey as observers. The Treaty entered into force in 2006 and has had five years of success: it established an increasing socio-economic stability and security of supply.
India, Japan to hold strategic dialogue; N Energy in focus
India and Japan will hold their fifth strategic dialogue from Friday during which the two sides will review and discuss ways to strengthen cooperation in key areas, including civil nuclear field, trade and security.
Bulgaria, Montenegro to Cooperate in Energy Projects
Sofia and Podgorica are considering setting up a joint company for the transfer of electricity to Italy after talks were held between Montenegrin Prime Minister Igor Luksic Bulgarian PM Boyko Borissov in Sofia.
U.S., North Korea begin nuclear talks in Geneva
U.S. and North Korean diplomats began talks Monday on Pyongyang's nuclear program, the second direct encounter between the two sides in less than three months.
Iran says ready to transit Turkmen gas
Managing director of the National Iranian Gas Exports Company (NIGC) announced Iran's readiness to transit Turkmenistan's natural gas to Europe saying that foreign companies have confessed inefficiency of Nabucco Pipeline.
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