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North Korea wants to strengthen its friendship with Russia
North Korea’s state economic development strategy for 2016-2020 implies strengthening ties with Russia, reports TASS with reference to the Japanese newspaper Mainichi, which gained access to this document.
According to the newspaper, the Democratic People's Republic of Korea (DPRK) wants to increase its trade with Russia to one billion dollars. North Korea will abandon its one-sided orientation toward China and will expand trade with Southeast Asia and Middle East countries.
The reason for …
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Poland plans to abandon post-Soviet military aircraft
President of Poland, Andrzej Duda, stated that Poland wants to abandon the post-Soviet era military aircraft and buy the latest, fifth-generation military equipment, in particular, American F-35 aircraft, reports Ukrinform.
“We would like Polish aviation to completely abandon the post-Soviet aircraft, and to be able to fly the best aircraft in the world,” said Duda. He expressed hope that Poland would be able to buy American F-35 aircraft.
“This is a very ambitious and expensive program. We …
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China refuses to share profit from joint plane venture with Russia
Russian United Aircraft Corporation (UAC) ran into problems when it attempted, in collaboration with China, to create the first Russian wide-body passenger aircraft since the times of the USSR.
Two sources close to UAC told the Russian publication Vedomosti that having agreed to split the cost of creating the CR929 airliner ($20 billion) in half, the Chinese partner, COMAC, does not want to allow Russia access to the key Chinese market allowing it to turn a profit from selling the aircraft …
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Belarus to demand compensation from Russian Transneft for low-quality oil
Belarusian Concern Belneftekhim will demand compensation from Russian company Transneft for a low-quality oil delivery, said the Concern’s chairman Andrei Rybakou, reports BelTA.
“All possible consequences will be discussed with Transneft at the upcoming meeting. The Belarusian side will insist on working out compensation mechanisms,” Rybakou said. “The oil must be replaced with a quality product that does not contain more than the permissible concentration of organochlorine. We are working on …
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Russia to lease Syrian port of Tartus for 49 years
Sometime next week, Russia will begin its 49 year lease of the sea port of Tartus in Syria for transport and economic use, Russian Deputy Prime Minister Yury Borisov told reporters on April 20 following a meeting with Syrian President Bashar Assad.
In 2017, Russia and Syria signed an agreement on the deployment of a Russian navy logistics support center in Tartus for a term of 49 years. A similar agreement was reached about the RF “Hmeimim” air base in Latakia, Syria.
“The key issue that will …