World Bulletin/News Desk
Uzbekistan will join a CIS free trade zone by the end of this year, CIS steering committee head Sergei Lebedev said on Friday at a CIS heads of government meeting in the Crimean city of Yalta.
"The decision has been made that Uzbekistan will become the ninth participant in the free trade zone by the end of the year," Lebedev said, summing up the first stage of the congress.
The CIS free trade zone agreement was signed on October 18, 2011 by eight nations including Armenia, Belarus, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan and Ukraine. Azerbaijan, Turkmenistan and Uzbekistan said they wished to discuss some issues further before joining.
Moldova ratified the agreement on Thursday. Five other nations (Armenia, Belarus, Russia and Ukraine) have already ratified the deal.
The agreement is designed to guarantee conditions for free trade in the CIS space and create favorable conditions for further economic integration on the basis of WTO norms. It replaces previously existing bilateral and multilateral agreements on free trade between the member states.
Although the likely consumer is Europe, which would require pipelines to pass through Turkey, companies may decide instead to export gas from the Levant basin to Jordan, Egypt or the Asian continent.
The ambassadors did agree to add more people and entities to the EU's asset freeze list, using expanded criteria including Russian companies that help to undermine Ukraine's sovereignty
Washington has pressured companies and governments not to buy crude from the Kurdish Regional Government (KRG), but it has stopped short of banning U.S. firms from buying it outright.
The whistleblower's email said GSK used its own employees and Syrian distributor Maatouk Group to make illicit payments.
The hackers broke into a database storing details of people who had registered for ECB conferences, visits and other events, the bank said.
Russia generated $356 billion from oil, gas exports last year, data shows.
While stopping far short of targeting physical energy supplies, EU ministers for the first time this week raised the idea of restricting Russian access to oil and gas technology.
They were among nine organisations and three people added to the EU's Syria sanctions list, published in the bloc's Official Journal
Land reform remains a sensitive issue in South Africa, where 20 years after the end of apartheid the white minority still holds around 87 percent of commercial farm land.
Talks are reportedly underway for a number of investment projects, including in pharmaceuticals and automotive assembly, but no final investment agreements are expected this week.
The yuan will be the world's third largest currency after the U.S. dollar and euro, a Chinese report predicts.
Unemployment currently stands at 12.7 percent in Kenya and affects 30 percent of the country's population
GM so far this year has recalled about 14.7 million vehicles worldwide with switch-related issues and has linked at least 16 deaths to those issues.
The deal includes hydropower and nuclear power plants in the South American country.
State-run think tank Korea Institute for Defense Analyses (KIDA) reported earlier this month that a twin-engine version of the fighter jet is expected to cost around 8.5 trillion won
Western officials have repeatedly warned Iranian counterparts over the past six months that more economic pain is a risk for an OPEC member whose oil exports have already shrunk to a fraction of what they could have been