Amur Minerals Corporation Forum

VLAD WILL BE IN AMUR TOMORROW... I WONDER IF OUR LITTLE COMPANY WILL BE ON THE AGENDA..

Keywords: China VLADIMIR PUTIN: Dear Chairman Xi Jinping! Dear ladies and gentlemen! Dear friends! Today we are in the traditionally friendly and businesslike atmosphere examined overall agenda of Russian-Chinese cooperation, identified major problems and long-term objectives. Signed a number of important bilateral documents. Relations between Russia and China continue to grow successfully and reached a new level of comprehensive strategic partnership of cooperation. Particular attention was paid during the negotiations economy. China firmly holds the position as the leading trade partner of Russia. Last year, trade between the two countries amounted to almost 90 billion, will strive to increase it to $ 100 billion. There are all necessary. A Russian-Chinese investment committee, which will continue to improve the investment flows. The largest business initiatives - energy. We work in all areas. And across the board we have a significant move forward. The meeting also discussed ways to diversify our trade, reducing its dependence on external economic conditions. Will encourage cooperation in high-tech industries. These include civil aviation. We've got good prospects, good projects and the creation of wide-body aircraft, and heavy civilian helicopter. Cooperation in the automotive industry. Interbank cooperation deepens. We will continue to develop the financial infrastructure. Are actively working to increase mutual settlements in national currencies. Will think about the new tools in the financial sector. Separate issue - it contacts on military-technical cooperation between the ministries of defense of our countries. Such cooperation - an important factor of stability and security in the region and worldwide. See great opportunities in expanding interregional ties. A number of Russian regions, including the capital cities of Moscow, St. Petersburg and other regions, such as the Volga region, working directly with Chinese partners. Increasingly important role played by humanitarian ties. In March, started years of friendly youth exchanges. It was also decided to establish on the basis of the Moscow State University and Beijing University of Technology of the Russian-Chinese university. Mr. President has already said that the historical memory of the great feats of our peoples in World War II more unites Russia and China. We agreed on a joint celebration of the 70th anniversary of Victory Day anniversary. During the extensive exchange of views was also held to discuss issues on the international agenda. I note that the positions of Russia and China have much in common. We have common priorities and the global and regional scale. Agreed to closely coordinate our foreign policy moves, including the UN, the Shanghai Cooperation Organization , BRICS , APEC and the Conference on Interaction and Confidence Building Measures in Asia, which opens tonight. I am grateful to the Chairman of the PRC, all our Chinese friends and partners for their very constructive talks today, and in preparation for this visit. Thank you for the invitation to visit the People's Republic of China on the upcoming events. With great pleasure to accept them. Thank you very much for your attention.

Press Statement on Russian-Chinese talks... "WIDE BODY AIRCRAFT" Do you mean zeppelins Vlad ?

MINESITE Nickel Is Still Up By 39 Per Cent This Year, In Spite Of The Recent Correction.. Nickel has been a star performer in 2014. A year, so far, in which many markets have recorded lacklustre returns. So the 49 per cent gain that nickel had made by last week made it quite exceptional. It is therefore perhaps not surprising that it was due for a correction. That duly happened last week and saw the price fall 11 per cent before recovering a little by the close. All that does is reduce the year to date gain to 39 per cent and still beats the socks of most equity and bond markets. Anyone thinking that this marks the top of the market needs to be aware of the research from Macquarie and Citicorp. The Australian investment bank recently raised its nickel price forecast for the fourth quarter of 2014 to US$23,500 tonne. That though seems tame compared to that from the US bank of an average price of US$30,000 a tonne it now expects for 2015. There is now widespread consensus that a recovery is underway in most parts of the developed world. It might be low key compared to recoveries in the past but it is happening all the same. A 13.2 per cent increase in US housing starts this year to an annual rate of 1.07 million is further confirmation of the trend. Other capital markets are taking a more cautious view. Equities in the developed world have, at best, trod water this year, even if they have, grudgingly, made new highs. Bonds have done surprisingly well which rather suggests that some investors are preparing for more subdued times, or perhaps higher volatility in the months to come. Either way it is clear that without a specific story, as there is with nickel, riskier assets are being shunned in favour of more defensive ones. That is most obvious in small growth companies that have suffered a large de-rating in favour of larger and less risky global mega-caps. The large mining companies fall into this category and they have certainly experienced a recovery in valuations. Although that may be in part due to expectations of corporate activity. What the action in nickel has clearly demonstrated though is the low correlation that commodity markets have with other asset classes. Even though base metals as a whole are virtually unchanged for the year so far, the individual dynamics of each metal are vitally important. Nickel is in the sweet spot of having an improving demand and supply balance that has then had an interruption to the supply chain imposed on it. It also benefits from being a relatively small industry with only a few major suppliers. Finally, after many years of suffering the woes from single metal miners the industry is now mostly composed of mining conglomerates that can afford to close mines completely in order to defend prices. That was something the old mono-metal miners simply could never afford to do. Every company needs revenue and if your only source is selling nickel your business strategy is pre-determined. This dramatic evolution of the mining industry should act to reduce volatility and improve returns for investors. This year nickel has proved that point very well.

Minister of the Russian Federation on development of the Far East Alexander Galushka visit China.. May 20 in the Russian delegation headed by President Vladimir Putin, head of Alexander Minvostokrazvitiya Galushka visit the People's Republic. In Shanghai, the head of department will attend the summit. During the upcoming talks between President Vladimir Putin and the President Xi Jinping will discuss the complex issues on the bilateral agenda. By signing in preparing the visit, a number of important documents in trade, economic, energy and humanitarian spheres. May 21 Alexander Galushka take part in the fourth summit of the Conference on Interaction and Confidence Building Measures in Asia (CICA), which will be devoted to strengthening dialogue and coordination in the region. During his stay in Shanghai is scheduled series of bilateral meetings with officials and representatives of business circles of China. We will consider the condition and prospects of Russian-Chinese cooperation in the international arena. It is expected that the visit will mark the exit of bilateral relations to a new stage of comprehensive strategic partnership of cooperation between Russia and China.

Putin: Accelerated development of the Far East and is beneficial for Russia and China.. Russia is interested in participating in the development of Chinese business Far East. At the same time in 2020, trade with China is scheduled to be on the level of $ 200 billion. This was stated in an interview with Vladimir Putin, a leading Chinese media on the eve of his official visit to China at the invitation of the President Xi Jinping. Putin stressed that the two countries is important not only to trade. "We need to form a strong technological and industrial alliances, attract investments in infrastructure and energy, to jointly promote research, humanitarian ties, lay a solid foundation for the sustainable development of our trade and economic relations in the future," - he said. At the same time the Far East, he said, can and should become a natural platform for the application of these efforts. "The accelerated development of the Far East and is beneficial for both Russia and China," - said the President. The President said that the rise of Siberia and the Far East - one of the main national priorities of Russia in XXI century, and now, a whole package of programs for the modernization and expansion of infrastructure in these regions. "You bet on the creation of special areas of advancing economic development, which will create an enabling environment to attract investment, to provide the best conditions for the organization of non-primary export-oriented industries," - said Putin. He stressed that "for new enterprises located in areas of advanced development, provides a number of significant benefits. This vacation for a variety of taxes, reduced rates on insurance premiums, facilitated customs regime, including customs free zones, special procedure for land use and connection to infrastructure . "Currently being finalized corresponding federal law, established development institutions, carried out the selection of promising areas", - he said. According to Putin, "one of them will be located in Vladivostok, Russian on the island, where the 2012 APEC summit was held."

05/16/2014 A. Galushka: Investing in the Far East focused on the Asia-Pacific countries Interview with the Minister of the Russian Federation on development of Far East Russia Alexander Galushki channel 24. Q: A new program for the Far East 5 times more expensive than its previous version. If earlier it was planned to spend 697 billion rubles for the program, now - more than 3.5 trillion. Tell me, what is involved in such a volume increase funding for the program in addition to the fact that its action is extended from 2018 to 2025. A.Galushka: We came very thoughtfully to the formation of this program, knowing all the budgetary constraints that exist in the financial system. And they built this program so that every budget ruble we got maximum attracted private investment. Therefore, the focus of our program - investment projects, realistic, backed by an investor with a clear interest to work out the project, with part of the traversed path. And there is a range of issues that should not solve the investor, and that is always open to the State. They are associated with the removal of a very specific infrastructure constraints. It may be in the power sector, roads, railway branch, which need a specific project. If these problems are removed, then the project is called, "fly." And in this case, low investment comes as the start key. Through this approach, and we formed this federal program. Of these more than three trillion rubles of investments Most - 80% - is private investment. And the smaller part - low cost money. Q: But if we talk about investment budget as now it is advisable to increase them, in a situation where government spending cuts? Plus we now have the Crimea, and there is a new ministry for the development of the North Caucasus. A.Galushka: The answer is simple and intuitive. This increase in budget expenditures associated with length. The program is not up to 18 years, and until 2025. Accordingly, the costs not only for the next few years, but for all 10 years. Why did this happen? Because investment projects proposed for implementation in the Far East, have no horizon of 2-3 years. This is not a speculative investment. This is a serious investment in the real economy, projects that require adequate support, ensuring the state in 10-year horizon. Related to this is the extension of our federal programs until 2025, and increased funding. Question: With regard to private investment ... First, we are now seeing a huge outflow of foreign investment from Russia, and, secondly, Russian investors, we are now seeing a new focus on the region, the Crimea. Would it not be here to attract investment competition with the Crimea? A.Galushka: Crimea and the Far East are very different. Those categories of investors who want the Crimea, and the ones that need the Far East - are also very different. We believe that each of these important regions of the country has its own niche. When we talk about the Far East, it is primarily investment-oriented economic integration with the Asia-Pacific region. And in the case of Crimea, it's still other investment priorities associated with recreational potential. And landlocked our country not so much ... And, of course, the whole development of the Crimea - not in the context of integration in the APR. Far East, as I said, with its specificity. And the most rapid, rapid, optimal development of this region is possible, if we find the right niche in the Asia-Pacific region. Far East market is very small, but next to it - huge, the biggest market. And that is expected to be localized in the Far East, primarily focused on export to Asia-Pacific countries. Obviously, this is very different stories, different profile investors investproetov. Therefore, in my opinion, this problem does not exist. Q: And if we talk about the relationship of Western and Russian investors? In 2013, 6, or 7% of Western investment accounted for just the Far East. In the current geopolitical situation, instability, introducing sanctions regime changed if the number of foreign investors who are ready to come to our Far East? A.Galushka: We appreciate the basic investment interest in the Far East from the Asian countries as very high. Imposes certain print current foreign policy situtsiya. However, we also see in the case of many Asia-Pacific countries, the rate on the primacy of the economy, to create a favorable investment climate and conditions for attracting investments with interest overrides any political characteristics and specific nuances. Therefore, we are confident that our consistent firm policy in the Far East to create a favorable investment climate and competitive conditions, better than in countries APR for business - it is the best response to some form of political complexity. If it is profitable, safe and comfortable to do business in the Far East, it is primarily in investment motivation. Today we are very actively kommunitsiruem with CEOs of major companies APR. These are people who make investment decisions. And we see that their interest in the development of investment projects in the Far East continues unabated. Their main request - a really comfortable environment for the friendly attitude as a partner, as a customer who needs to create a set of conditions for the normal implementation of the investment. Q: And these conditions are, in your opinion, there are now? A.Galushka: We are working on it very actively. In this regard, adopted a number of structural solutions. April 25 Prime Minister decided to establish a special sub-committee under the direction of Yuri Trutnev, which is going to track the implementation of investment projects in the Far East. Minvostokrazvitiya will naturally be the body that ensures its practical work. At the ministry, we have created a special department for maintenance and implementation of investment projects. Prepared a draft law on the territories of advanced development, which involves a radical deregulation, simplification and acceleration of procedures, bringing them to the best standards of the Asia-Pacific region. And here we offer just borrow the best that has proved its worth. Question: And if we talk about refocusing on the APR. Right now under Western sanctions we ever see interest from Russia towards Asia, and whether we see the influx of interest to us, especially from China, Japan and Korea? A.Galushka: For a variety of areas of interest is expressed. These projects are associated with the processing of natural resources, which is rich in the Far East. This recycling timber, fish, agro, petrochemicals and gas, shipbuilding, construction materials, automotive components, etc. What's important here? In formulating these priorities, we understand that they only become real when it stands for a private investor willing to take risks and invest. If it does not, it's apparent priorities. Areas that I listed - for them is already distinct interest from foreign investors. And when we talk about China, we understand you, that it originally occupied a special position in the foreign policy tension that arose. Today, Russia is the largest trade with China, and its potential is very large. We see today as a number of Asian countries has refocused its global economic strategy on China. It has already become a real Asian dominant. And catch the Chinese wind in their sails seeks not only to Russia but also other Asian countries. Therefore, it is very clear pragmatic economic policies that will allow us to develop the Far East. Q: And those 16 projects that have already been selected for funding target program, as they are generally selected, and what value investors out there? Anyone else, Russian and foreign investors? A.Galushka: primary in these projects, Russian investors. However, they are actively seeking foreign partners of ATP. We selected these projects according to the criteria that have been adopted in countries with developed institutions of public-private partnership and the general practice of successful projects of public-private partnership. Let me remind you that certain projects require co-financing from the state, primarily associated with the creation of the local environment, infrastructure problems solution. Therefore, we start from the best practices of public-private partnership. Criterion Three: is the amount of taxes that will be created by the project to budget investments, that is, in fact it cost profitability of investments; second - is the amount of value added, and the third - the ratio of budgetary and private investment. That is, those investment projects that give more value added, more taxes for every budget ruble, more private investment for every budget ruble - and these projects were selected. They allowed us to go out on the FTP parameters that give the maximum possible resources that you can draw today for the development of the Far East, because it is a very serious money. This is more than three trillion rubles of investments that actually create a different economy of the Far East. Q: Well, what exactly are the projects? Maybe call the largest. A.Galushka: This VNHK projects, the creation of petrochemical cluster in Primorye. This gas chemistry. Processing resources. A number of GOK. Here they are, perhaps, form the framework of projects that give the greatest weight of the value added tax and private investment in the Far East. Question: In the Crimea now actively being topic of a special economic zone. A year ago, Dmitry Medvedev proposed the creation of an offshore zone in the Kuril Islands or Sakhalin. What is the future of this idea? A.Galushka: When I talked about areas of advanced development, then there is a similar principle to the implementation of the Far East. It is about to make a withdrawal from the general rules of the settlement of the general rules which, unfortunately, makes our jurisdiction, our country uncompetitive for attracting investment, entrepreneurial activity. Make these exemptions and directly give the ability to set the best standards and regulatory regimes adopted in Asia Pacific. If we are talking about such an institution as free economic zones, areas of advanced development - that is the best practices and solutions. They correspond to the realities of the 21st century economy. In this regard, the experience of Japan is interesting that on December 13 last year passed a law on strategic areas of management. In Japan, it had to free economic zones. They were unsuccessful, ineffective. Abandoned old institution that did not work on a national scale. Took a fundamentally new legislation based on the withdrawal of the general rules and the possibility of establishing competitive modes, and today this project is being actively implemented. Similar thing we want to do today in the Far East. And interestingly, we are almost at the same time, the Japanese started. And literally move in parallel. This obviously visible competition countries for attracting investors. Why Japan has gone down this path? Because 30 years have not been economic growth, did not work. Why are we going down this path? For 25 years we still have not been able to reverse the negative trends in the development of our Far East. But it must be done. Realizing that export raw model has exhausted itself, we need a new. Including the Far East - a place for this kind of testing of regulatory practices for future use nationwide. Thus, developing the Far East, we can develop the whole of Russia.

Alexander Galushka reported to the President of the Russian Federation on the work on the development programs of the Far East Draft federal target program for the development of the Far East will provide the priority investment projects of the federal budget 133 billion rubles, as well as attracting 2.2 trillion rubles of private investors. This was announced by Minister for Development of the Far East Alexander Galushka at the meeting of the Presidential Commission on monitoring the targets of socio-economic development of Russia. "Prepared by the Ministry of the federal target program for the development of the Far East, 30 April, she sent to the Government of the Russian Federation in a given volume of 133 billion rubles, with specific measures to launch these priority projects. 133 billion rubles of budget investments we get 2.2 trillion rubles extra investment" - said A.Galushka. According to him, Minvostokrazvitiya examined more than 400 investment projects in the Far East. "There were selected 23 of the most effective project, 16 of which were - and are most effective, and most are ready for implementation, backed by a particular investor," - said the Minister. He also said that they are preparing proposals for the introduction of preferential mortgage in the Far East. "The main question - is to find the money to subsidize mortgages for the Far East," - said A.Galushka. According to him, provided that the amount of subsidies for mortgages to young families in the Far East will increase from 433 million rubles in 2013 to almost 600 million rubles in 2014.

Chapter Minvostokrazvitiya Galushka Alexander spoke at a meeting of the Government Commission on the socio-economic development of the Far East, which was held in Khabarovsk, under the leadership of Prime Minister Dmitry Medvedev. The Minister said that the department completed the process of granting new powers, a draft federal law on the territories of the advanced development of the Far East, is working on updating all state and federal programs as well as the formation of a new state program of development of the Far East. "In addition, we are working on adjusting the FTP development of the Far East and the Baikal region. Until April 30, we conclude this work, and it will carry out transport objects in the transport program. We also consider it important to saturate the new program for the Far East effective investment projects ", - said the Minister. According to him, the agency has already completed the selection of such projects. At this stage, selected 32 investment projects in various sectors of the economy. A.Galushka also formulated the mechanism and conditions for investment projects. "In our view, it is necessary to approve the methodology for the selection and evaluation of investment projects, to create a special subcommittee on development of the Far East, which would deal with projects and approve a new approach to the formation of the state program, based on the support of highly efficient and vysokogotovyh to implement investment projects. If we go down this path, then we can attract to the Far East 2.2 trillion rubles in private investment, "- said A.Galushka.

From Russian Government website... On the Introduction to the State Duma a bill prepared by the Ministry of Transport, aimed at the implementation of international standards in the area of state control over compliance with requirements for aerodromes, heliports and their exploitation... The draft law "On Amendments to the Air Code of the Russian Federation" in implementing international standards in the field of state control over compliance with requirements for aerodromes, heliports and their operation has been prepared by Ministry of Transport of Russia. The Russian Federation is a state - party to the Convention on International Civil Aviation, opened for signature on December 7, 1944 in Chicago, which came into force on 4 April 1947. In accordance with this Convention, each State undertakes to ensure to the maximum practicable degree of uniformity in regulations, standards and procedures, including those relating to the requirements for civil airfields, heliports and their operation. In order to implement international standards in the field of state control over compliance with requirements for aerodromes, heliports and their operation are proposed to the Air Code of the Russian Federation the following changes: - Specify a list of ground equipment and other objects subject to mandatory certification, including to establish the position of the mandatory certification of aerodromes used for regular commercial air transport, except aerodrome intended for take-off and landing aircraft with a seating capacity for more passengers 20 (Article 8); - Clarify the procedures for admission to operation and subsequent operation of airports, heliports and landing sites, as well as state registration of airfields and heliports (Articles 40, 41 and 49); - Clarify the provisions relating to the requirements for aerodromes, heliports and landing sites intended for take-off, landing, taxiing and parking of civil aircraft, as well as the closure of civil aerodromes and heliports (Articles 48 and 50). Adoption of the bill would eliminate unnecessary government regulation in aviation, lower costs of businesses that have a positive effect on the development of air transport and general aviation. With the adoption of the bill will create additional conditions for the development of civil aviation, including the development of infrastructure for local and regional air transport, and aircraft operations of general aviation. The bill discussed and approved at the Government meeting April 10, 2014