Russia 090804 Basic Political Developments


Russian atomic engineer robbed in Tamil Nadu



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Russian atomic engineer robbed in Tamil Nadu


http://www.thaindian.com/newsportal/uncategorized/russian-atomic-engineer-robbed-in-tamil-nadu_100227296.html

Chennai, Aug 4 (IANS)

A group of miscreants robbed a Russian atomic engineer’s camera and misbehaved with his daughter at a beach in Tamil Nadu’s Tirunelveli district, officials said Tuesday.
Alexander V. Chernov, who works in the upcoming nuclear power plant in Kudankulam, and his daughter were walking on the beach Sunday when a seven-member gang assaulted them.

The miscreants, all aged below 20, misbehaved with the Russian girl and snatched Chernov’s Canon camera and fled.

Police officials told IANS that a search is on for the culprits on the basis of a complaint filed by the Chernov.

The Russian engineer is staying in the AnuVijay residential colony where employees of Kudankulam Nuclear Power Project live.

According to officials of the power project, there are over 100 Russian engineers working at the Kudankulam nuclear power project.

The Nuclear Power Corporation of India Ltd (NPCIL) is working on the 2×1000 MW project with Russian technical assistance.

The first unit is expected to be commissioned early next year.

As per the deal between India and Russia, two more reactors of similar or even slightly higher capacity will come up at Kudankulam.



Iberdrola in Talks on Russian Nuclear Reactor, Economista Says

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aQ4GfqYMcI1Y

By Sharon Smyth

Aug. 4 (Bloomberg) -- Iberdrola Ingeneria, a unit of Spain’s Iberdrola SA, is in talks with Russia’s state-run nuclear company Rosatom Corp. to collaborate on the construction of a nuclear reactor in Kaliningrad, El Economista reported.

Spending on the reactor may reach 5 billion euros ($7.2 billion), the newspaper said, citing Iberdrola Ingeneria President Ramon de Miguel.

To contact the reporters on this story: Sharon Smyth in Madrid at ssmyth2@bloomberg.net.

Last Updated: August 4, 2009 02:09 EDT
Vietnam-Russia trade needs to increase

http://www.thanhniennews.com/politics/?catid=1&newsid=51422
Trade between Vietnam and Russia has advanced recently but Vietnam needed to boost exports to balance the scales, a seminar in southern Can Tho City heard Monday.

Vietnam’s exports accounted for only 0.25 percent of Russia’s total imports, while Russia’s exports made up about 1.2 percent of Vietnam’s total import value, according to the seminar.

Vietnam exports to Russia mainly agricultural, forestry and fisheries products, and imports commodities including gasoline, steel and fertilizers for domestic production.

The delegates said Russia is a new market which Vietnamese businesses want to penetrate but they still face difficulties in payments and technical barriers when exporting goods to it.

The governments of both countries should intervene and create open mechanisms to boost bilateral trade, they said.

Reported by Chi Nhan

Judge Steps Down in EU Yukos Case


http://www.themoscowtimes.com/article/1010/42/380140.htm
04 August 2009By Nikolaus von Twickel / The Moscow Times

A judge appointed by the Kremlin to the European Court of Human Rights for a billion-dollar lawsuit by former Yukos management has stepped down after questions about his impartiality were raised because he is a Gazprom board member.

Valery Musin, a St. Petersburg law professor, said he thought that there was no conflict of interest but that he was resigning after this was suggested by the court, Kommersant reported Monday.

“I believe that [my election to the Gazprom board] does not influence my impartiality, but since the court registrar himself has raised the question, to rule out any doubts about this, I decided to withdraw,” he was quoted as saying by the paper.

Court registrar Soren Nielsen had written to Musin days after his election to the Gazprom board on June 26 and suggested that he step down, the report said.

Reached by telephone in Strasbourg, a court spokeswoman refused to give any comment on the report Monday, explaining that the Yukos case was still pending. The spokeswoman refused to give her name, in line with court policy.

Musin is chief of the civil law office at St. Petersburg State University’s law department and a former teacher of President Dmitry Medvedev and Prime Minister Vladimir Putin.

He was appointed by the Kremlin as an ad hoc judge to sit on the Yukos case after Russia’s permanent judge at the Strasbourg court, Anatoly Kovler, withdrew for unknown reasons, Kommersant reported.

According to the court’s web site, Musin was among the seven judges that in January signed the decision to accept a $34 billion lawsuit against the government, brought forward by former Yukos managers.

In June, Gazprom’s shareholders elected Musin as an independent board member, replacing Boris Fyodorov, a former finance minister who died last year.

The company’s former managers say the charges against Yukos, once the country’s biggest oil firm, were fabricated so the government could snap up the firm.

The plaintiffs said Monday that they had “total faith in the court and anticipate that the case will go ahead as planned,” spokeswoman Claire Davidson said by telephone from London.

Media reports suggested that a first hearing would take place this November, but the date is in doubt because the Kremlin first has to appoint a new judge, Kommersant reported.

The paper said Medvedev has one month to appoint another ad hoc judge but that this period could be extended to two months or longer.


Hedge Fund Hermitage Wins Subpoenas In Russian Fraud Case


http://www.finalternatives.com/node/8706
August 3, 2009

Hedge fund Hermitage Capital Management is taking part of its fight with Russian authorities onto its home turf.

Hermitage, once Russia’s largest foreign investor, has been given the go-ahead to subpoena U.S. banks in its effort to find $230 it says was stolen using documents seized by the Russian government. According to Hermitage, which is perhaps best known for having its CEO, William Browder, barred from Russia after criticizing corporate governance there, the money was stolen by Russian officials and then laundered in New York.

U.S. District Judge Laura Swain has given the hedge fund permission to subpoena JPMorgan Chase and Citibank, seeking testimony and records related to wire transfers. Hermitage may also subpoena RenCap Securities, the U.S. arm of Russia’s biggest investment bank.

Hermitage says the information yielded by the subpoenas “will provide evidence that Hermitage and its executives and counsel are the victims, not the perpetrators, of a fraud that cost the Russian Treasury $230 million,” and will help it in four cases currently pending in Russia, court documents show.


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