#AceWorldNews – MOSCOW – On August 04 in an interview with the Russian billionaire businessman Gennady Timchenko he confirmed he was ready to build a railway tunnel under the Kerch Strait for $1.12 billion to connect Crimea and mainland Russia.
Timchenko said in the interview that the project would be 13 times cheaper than the construction of the undersea Eurotunnel connecting England and France and three times cheaper than the Marmaray tunnel under the Bosphorus Strait.
Timchenko said his project had obvious advantages over the construction of a bridge across the Kerch Strait, which would be over six times more expensive than a tunnel.
“Experts are favouring a project to build a bridge in the area of Tuzla,” Timchenko said. “This is correct strategically but the cost of the project would be up to $7 billion.
Also, an order has been issued to open traffic across the bridge by December 31, 2017, which is quite a tight schedule,” the Russian businessman told ITAR-TASS.
#AceWorldNews – BRUSSELS – August 07 – The EU is ready to appeal to the World Trade Organization to have the Russian agriculture import bans lifted, a European diplomatic source told ITAR-TASS.
“Politically motivated large-scale trade restrictions are a direct violation of WTO rules, which Russia pledged to comply with,” the diplomat said. “These measures will be thoroughly analysed, and then relevant claims will be submitted with the WTO.”
The source added that the European Commission would start analysing Russia’s ban on imports from EU states as soon as the official list of banned goods would be published.
The EU Council may convene an urgent meeting in connection with Russia’s response to European sanctions.
It is early to say whether the EU will take measures in response to the Russian ban on imports of food products from Europe, source told.
“First, it is necessary to see and analyse the official list of product that Moscow intends to ban. After that, decisions will be made both at the European and the national level,” the source stressed.
The Russian ban on agricultural imports from the European Union is an “irresponsible measure” that can lead to losses of billions of euro for European as well as Russian consumers, the source told ITAR-TASS.
#AceWorldNews – KIEV – April 22 – Law enforcement officers in Donetsk, a city in eastern Ukraine, are refusing to take part in a security operation against local protesters seeking the country’s federalization, the head of the main command centre of Ukraine’s armed forces,
Major General Alexander Rozmaznin, told a news briefing on Tuesday.