A new BRICS reserve fund
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President Vladimir Putin approved a new $100 billion reserve fund over the weekend that will specifically aid the BRICS nations: Brazil, Russia, India China and South Africa.
President Vladimir Putin approved a new $100 billion reserve fund over the weekend that will specifically aid the BRICS nations: Brazil, Russia, India China and South Africa.
RUSNANO together with Industrial Technology Investment Corporation (ITIC, the Republic of China) and investment company 360ip (Singapore) form a technology investment fund, called the Trans Pacific Technology Fund (TPTF).
The Russia-China Investment Fund (RCIF) has reached an agreement in principle on investment in JSC Detsky mir, the biggest player in children’s merchandise in Russia. Currently, one hundred per cent of the company’s share capital is controlled by Sistema JSFC.
The National Development and Reform Commission (NDRC) has recently released new rules to simplify the approval process for foreign investments and delegate more approval powers to local authorities. The Administrative Measures for the Approval and Record Filing of Foreign Investment Projects to replace the interim measures issued in 2004 will go into effect on 17 June 2014.
JSC RusHydro announces that today during the official visit of the President of the Russian Federation, Vladimir Putin, to Shanghai, RusHydro has signed a number of agreements on cooperation with the leading Chinese energy companies.