Registration was successful!
Please follow the link from the email sent to

Russia, France sign 15 business deals during Putin's visit

© RIA NovostiRussia, France sign 15 business deals during Putin's visit
Russia, France sign 15 business deals during Putin's visit - Sputnik International
Subscribe
Russian and French business and government bodies signed 15 cooperation deals on Friday as Russian Prime Minister Vladimir Putin rounded off his visit to France.

Russian and French business and government bodies signed 15 cooperation deals on Friday as Russian Prime Minister Vladimir Putin rounded off his visit to France.

Though no decision was made on Russia's much-talked-about purchase of a Mistral-class helicopter carrier from France, the two parties struck a major deal bringing Electricite de France (EDF) into the South Stream gas project.

The CEOs of EDF and Russian energy giant Gazprom, Henri Proglio and Alexei Miller, signed a memo of understanding.

The two countries' financial market services agreed on information exchange. The two migration services signed an intergovernmental deal facilitating procedures for business trips to and from both countries, which will be of special help for Russian and French employees of joint ventures.

Two joint ventures were set up on Friday. Novatek, Russia's largest independent gas producer, and France's Total set up a JV to develop a gas condensate field in the Yamalo-Nenets Autonomous Area, while Russian power generator TGC-4 and France's Dalkia International S.A. established a joint venture to handle the production, transportation and distribution of thermal energy in Russia.

Russian oil company Zarubezhneft and Total signed a production-sharing agreement on the Kharyaga oil field in northern Russia.

Under the deal, worth an estimated $65 million, the Russian company will receive a 20% stake in the project.

Russian national development bank Vnesheconombank and French group BNP Paribas agreed to finance jointly energy projects, as well communal services and housing infrastructure in Russia.

BNP Paribas also signed two deals on the implementation of the Kyoto protocol with Russian-British joint oil venture TNK-BP.

The Russian premier and his French counterpart, Francois Fillon, agreed to make 2010 the Year of Russia in France and the Year of France in Russia. The program includes over 150 cultural and communications events, 38 economic projects and over 70 events in science, education, sports and youth exchanges.

Fillon announced that Russian President Dmitry Medvedev would make a state visit to France in March 2010.

"Putin will return here in May," the French prime minister added.

RAMBOUILLET, November 27 (RIA Novosti)

 

Newsfeed
0
To participate in the discussion
log in or register
loader
Chats
Заголовок открываемого материала