The Federation Council approved the agreement with China on the development of the kluchevskoye gold Deposit
The Federation Council approved the agreement with China on the development of the kluchevskoye gold Deposit MOSCOW, July 28. /TASS/. The Federation Council at the plenary session on Saturday has approved the ratification of the agreement with the government of the people’s Republic of China on cooperation in the sphere of implementation of development project klyuchevskoe gold Deposit, TRANS-Baikal territory. This agreement, signed in Beijing on February 5, defines the terms, allowing the company China National Gold Group Hong Kong Limited (all cngc) a company under full (100%) control of all cngc, to purchase not less than 60% and not more than 70% of voting shares of joint-stock company “Mine “West Keys”. In the conclusion of profile Committee of the Federation Council on international Affairs says that the agreement is aimed at creation of favorable conditions for investment cooperation in the development field. Responding to the critical comments of colleagues