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Stans Energy Corp V.HRE.H

Alternate Symbol(s):  HREEF

Stans Energy Corp. is a Canada-based resource development company focused on advancing rare and specialty metals properties and processing technologies. The Company is transitioning into a supplier of materials and technologies that will assist in satisfying the future energy supply, storage and transmission needs of the world. Its subsidiaries include SevAmRus CJSC, Kutisay Mining LLC and Kashka REE Plant Ltd.


TSXV:HRE.H - Post by User

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Post by opencurtainon Aug 12, 2014 8:55am
271 Views
Post# 22831369

This may work to our advantage.

This may work to our advantage.

Friends billion: as Russia buys the loyalty of allies

Russian media have linked Russia's support to Kyrgyzstan, Belarus and Tajikistan.

On Monday, a plan agreed integration of Kyrgyzstan to the Customs Union. Russia, it will cost in the first phase of $ 500 million. Moscow is no stranger to buy the location of friends - This year Belarus has agreed not to pay the Russian treasury of $ 2 billion under the agreement on the distribution of oil duties, and Armenia has received $ 150 million for the project road corridor "North-South" . This writes RBC .

KR expects by year's end to join the Customs Union and the Eurasian Economic Union (EAEC) Russia, Belarus and Kazakhstan. Yesterday, the presidents of Russia and Kyrgyzstan, Vladimir Putin and Almazbek Atambayev discussed the "road map" of joining. After the meeting the Russian Foreign Minister Sergei Lavrov, Russia's contribution to the economy of Kyrgyzstan to harmonize with the economy of the Customs Union will be about $ 500 million.

In May, Russia and Kyrgyzstan in Astana signed an agreement on cooperation, it provided for the establishment of the Kyrgyz-Russian Development Fund with a capital of $ 1 billion to $ 500 million - is Russia's participation in the project, told RBC person familiar with the substance of the agreements, these funds will be used to participation in joint projects.

According to officials, this amount is not final. In May, Minister of Economic Affairs of the Kyrgyz Republic Sariev said that Russia has agreed to provide $ 200 million for activities roadmap for accession of Kyrgyzstan to the Customs Union. Through financial instruments EurAsEC in Kyrgyzstan will be financed by the supply of food for $ 20 million and the project is the reconstruction of the Bishkek-Osh road at $ 60 million.

Friendship with Bishkek already cost Russia a large sum. In 2009, Russia provided a loan to the Kyrgyz Kambarata-1 capacity of 1.6-1.9 MW at $ 1.7 billion. At the same time the country has received a state loan of $ 300 million and grant money for $ 150 million. A new government that came to power in 2010, accused the former regime of misuse of credit. And in the fall of 2012, it was decided to write off part of the public debt of the Kyrgyz Republic.

"The Kyrgyz economy is in deep crisis. Soon expected economic benefits for other member countries from its entry into the Customs Union is not necessary, the use of more geopolitical - the more extensive group, the greater its weight. Regimes Since there are often changed for a long time to think nothing is impossible, but the current regime would be loyal to Russia, "- says Professor Graduate School housekeeper Alexei Portansky.

Recently, the Russian government is reluctant to use direct interstate lending to support the integration processes in the post-Soviet space. For these purposes, the mechanisms of the EurAsEC Anti-Crisis Fund (ACF), where Russia is the largest shareholder (its initial contribution was $ 7.5 billion, with total fund of $ 8.5 billion) and loans from Russian banks.

Such financial support took the Belarus after the crisis of 2011. By agreement with the EEC in 2011, Belarus was to receive $ 3 billion in 2013. In December 2013 was postponed for six months considering the allocation Belarksi sixth tranche of the loan, but in June this year, VTB Bank reported on the conclusion of the credit agreement to grant the country a loan of $ 2 billion.

The first loan ACF of $ 70 million was allocated to Tajikistan in 2010. In July this year, the ACF has agreed to lend to Armenia to finance the project "Construction of the road corridor" North-South "for $ 150 million. Kyrgyzstan also sought help from ACF - in the amount of $ 400 million, but in March 2014 withdrew its application.

In Moscow, there are other channels of support friendly economies. According to budget projections, the Russian budget would wipe 55.5 billion rubles in 2015 and 57 and 58.3 billion in 2016 and 2017 respectively, due to changes in the distribution of export duties on oil products between Russia and Belarus. By agreement of 2010 listed the Russian republic entire volume of duties at their export outside the Customs Union (about $ 6 billion), in the negotiations on the establishment of the Eurasian Union Minsk insisted on the abolition of the transfers. In the end, come to an embodiment of a partial transfer fees.


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