L. Fituni, I. Abramova Resource Potential of Africa and Russia's ...

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Lada users in Egypt. In 2010, a new state of the art Lada service centre is to be inaugurated in Cairo district of Katameya for the guarantee and post guarantee service of Ladas. The rapid development of tourism in Egypt and interest of many Russians in visiting the country make it suitable to establish mixed tourist companies and joint ventures for the construction of hotels, motels, holiday guest rooms, tourist centers and entertainment facilities. It is quite promising to build container terminals, refrigerator warehouses, water-purifying facilities and granaries. An important new sphere for Russian investments is the development of modern kinds of communications, such as cellular telephone networks and creation of software and internet services. Russia has accumulated a vast experience in this sphere in the recent five years, and the charge for these services is below the world level. The main methods of attracting investments to Egypt are the schemes called BOT (build-operate-take profit), BOOT (buildoperate-own-take profit) and BOO (build-operate-own). The credit and financial conditions offered to foreign participants of investment projects are quite attractive: 40% – donation, 20% – a soft credit (an installment plan for 17–20 years, the interest rate in first ten years is 2.5–4%) and 20% – budget financing plus the opportunity to supply a part of the manufactured equipment to Egyptian plants 28 . At the same time, the Egyptian investment legislation is characterized by some shortcomings, which should be taken into account by Russian investors. They will have to compete with Western and Arab investors. US, European, Japanese, and rapidly developing South-East Asian companies are quite active in Egypt. On the other hand, Russian citizens are traditionally treated favorably there, since the Egyptians remember the fruitful cooperation with the Soviet Union and the flow of tourists from Russia is a key source of currency for the country. To achieve success, Russian entrepreneurs must attend annual international fairs in Cairo, where they already have demonstrated their activity. The 32nd International Fair was held in Cairo on March 9–19, 1999. Russia was represented there by ZAO Expocentre. The main exhibitors were 15 enterprises: the OAO BKMPO (a metallurgical plant), JV Kalitva 169
from Belaya Kalitva (Rostov oblast), the Degtyarev plant from Kovrov (Vladimir oblast), OAO Sparkplug Plant from Engels (Saratov oblast), OAO Klinvolokno (a fibre factory) from Klin (Moscow oblast), OAO Krasnyi Yakor from Nizhnii Novgorod, OAO Lenprodmash (food processing equipment) from St. Petersburg, OAO Omskshina (tyre plant) from Omsk, OAO Rusich from Kurgan, ZAO Tyazhpressmash from Ryazan, FoMos Co. from Moscow, Fesko match factory and the Cherepovets plywood and furniture factory (Vologda oblast), Russian-made goods and services are still insufficiently promoted in Egypt. It is impossible to penetrate the Egyptian market without spending money on advertisement, marketing and a reliable agent. Notably, some Russian state-run and private companies are already active in Egypt. Russia exports machines and equipment to Egypt in the amount of $ 130.8 million (Table 3.3.2). Table 3.3.2. Export of Russian machines and equipment to Egypt, 2005 Items Amount, $ million Supplier MI-17-IV helicopters 50.0 Aviaexport Metal-cutting machines 2.0 Stankoimport Ural dumpers 2.9 Avtoexport KAMAZ trucks with spares 6.3 KAMAZ VAZ-2107, 2109, 21213 cars 5.7 Ladaexport Ural motorcycles 3.0 Uralmoto Ship diesel engines 3.7 Zvezda Ship equipment 0.8 Sudoexport Tractor equipment 3.2 Traktoroexport Excavators 0.6 Stroidormashexport Diesel locomotive spares 0.3 Energomashexport Communication equipment 1.3 Mashpriborintorg Medical and optical equipment 0.2 LOMO Military equipment 50.0 Rosvooruzhenie 170
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ABOUT THE AUTHORS: Dr. IRINA ABRAMO
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330.324.22 330.123.72 351.823.003 3
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INTRODUCTION IN THE GLOBALIZED WORL
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At certain stages of their history,
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tives. The authors are not describi
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cations, including monographs 1 and
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arena by the loftiest goals and ide
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quence, their role in the world eco
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thus the last seller of the commodi
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Table 1.1.2. World chromium product
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Table 1.1.3. World cobalt productio
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shore in many parts of the world. L
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Though US totally depends on import
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isk of supply shortage in the next
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long been obsolete, do exist and te
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a European-African energy forum; th
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upon the same ideology: the new roa
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Force. At the request of the UN Sec
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- The United States has sole jurisd
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uses to track terrorists. Algerian
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sum, in exchange for terminating th
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UK, Greece, Italy and Spain during
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ing Angola’s large oil resources
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China concluded two major M&A deals
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the continent. To help African coun
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egy with regard to Sudan and Zimbab
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some price-related difficulties for
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100,000 students from almost every
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15 U.S. Geological Survey, Mineral
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CHAPTER 2 Natural Resource Potentia
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tion in the global division of labo
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of other nations (manifest in an ex
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The mineral resource base (MRB) of
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In Nigeria, the smelter at Ikot Aba
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ite production at Komi to reach 6.5
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depletion. In South Africa, output
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25-26 thousand tons of copper conce
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Country 75 Cost Ranges Namibia 0 20
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The Elkon district, Southern Yakuti
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ites and Miocene sediments extendin
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South, Etango and Valencia alaskite
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of competitiveness by similar produ
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tive scenario, the above goals will
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The concept of resource efficiency
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vately owned. The leading enterpris
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In this respect African and Russian
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Table 2.2.2. Distribution of capita
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will allow the project to overcome
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World prices on all types of minera
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2.3. Competitors or Partners? Russi
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Soviet organizations supplied Alger
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that the gas crisis between Russia
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The second LUKOIL project in Egypt
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The agreement was finally signed du
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pany “Slavneft” would join a co
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DRC to extract copper and cobalt in
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for 22 years in 2002 Friguia refine
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licenses. They are the only Russian
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that the main aims were inter-alia
Page 120 and 121: Agency to develop plans for up to 4
Page 122 and 123: pit nickel mine and the Selkirk und
Page 124 and 125: deposit also contains a Peridotite-
Page 126 and 127: and Eastern parts of the EPL 3850 p
Page 128 and 129: Russian economy and the specifics o
Page 130 and 131: 34 . 2009. C. 366- 368. 35 John St
Page 132 and 133: CHAPTER 3 Project RUSSAFRICA: Towar
Page 134 and 135: copra, spices, other products of tr
Page 136 and 137: This theoretic and scientific aura
Page 138 and 139: and technical cooperation with Afri
Page 140 and 141: higher and specialized secondary ed
Page 142 and 143: used and repaid part of the credit.
Page 144 and 145: exploitation of projects. Soviet ex
Page 146 and 147: At the same time we recognize that
Page 148 and 149: For the Soviet Union, solidarity wi
Page 150 and 151: disappeared together with their ass
Page 152 and 153: cial Representative of the Presiden
Page 154 and 155: countries and minimize the adverse
Page 156 and 157: The principled line in support of A
Page 158 and 159: Exports of Russian raw materials to
Page 160 and 161: of Su-30MKA fighters. At the same t
Page 162 and 163: etc. He also remarked that since th
Page 164 and 165: However, there are harbingers of a
Page 166 and 167: There was a good demand in Egypt fo
Page 168 and 169: Another promising sphere for Russia
Page 172 and 173: All these companies have permanent
Page 174 and 175: ment of the Russian Federation 105
Page 176 and 177: As of mid 2010, other areas of econ
Page 178 and 179: cooperation and hydrocarbon product
Page 180 and 181: tion." The participants in the Raba
Page 182 and 183: 2009 consisted of such traditional
Page 184 and 185: From October 21-23, 2010, the Fourt
Page 186 and 187: (May 2009), and Ugandan President Y
Page 188 and 189: Russia provided humanitarian aid to
Page 190 and 191: Nigeria’s Share in Russia’s Imp
Page 192 and 193: supplies only it is either a blatan
Page 194 and 195: On the initiative of the Ethiopian
Page 196 and 197: - Automotive and components - Capit
Page 198 and 199: led by the two Chambers and attende
Page 200 and 201: coal mixture of a new generation. T
Page 202 and 203: cial architecture and food safety a
Page 204 and 205: The talks in Luanda led the two cou
Page 206 and 207: 9 Annual Report of Alexander Saltan
Page 208 and 209: CONCLUSIONS THE RESULTS OF THE UNDE
Page 210 and 211: interpretations is the intensifying
Page 212: Leonid FITUNI and Irina ABRAMOVA RE
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