India signed a memorandum of understanding for 15 years with the International Seabed Authority (International Seabed Authority, ISA). The contract will provide New Delhi exclusive rights to develop deposits of polymetallic sulphides in the Indian Ocean.
ISA - intergovernmental organization created on the basis of the UN Convention on the Law of the Sea, which India has ratified.
Agreement will enable India to lead the development of marine subsoil in a number of areas of the Indian Ocean, which also are China, Korea, Germany and other countries.
The memorandum was signed by Nair Radzhivanom (Nair Rajeevan), the Minister of Geology of India and No Elloti Odunton (Nii Allotey Odunton), general secretary of the ISA.
The exploration program will be implemented by the Ministry of Geology of India with the participation of several national institutes and research laboratories, as well as other organizations.
The Ministry has submitted to the ISA application for the use of 10,000 square meters. km of various parts of the Indian Ocean, as well as a 15-year exploration plan, which were approved by the organization.
Polymetallic sulphides contain iron, zinc, silver, gold, platinum, in varying proportions, and are formed on the ocean floor in the places where the magmatic geothermal sources. Extraction of these compounds has attracted the interest of several countries due to long-term economic and strategic importance.
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A number of global banks are interested in the privatization of Russian state assets, told the Minister of Economic Development Aleksey Ulyukaev.
"Now the national binding - it's a tricky thing, this global banks. Indeed, a number of global banks have shown interest and have responded positively to our offer, "- said Ulyukayev, answering the question of which banks are interested in the privatization.
As previously reported, the Ministry of Economic Development of the Russian Federation in early April, plans to decide on the banks of the organizers of the privatization of state-owned "Bashneft" shares, "Alrosa" and VTB. Proposals for participation in the privatization of the 22 banks were directed. Notice of interest or lack of interest in the bank for participation in the sale of the shares - up to 21 March. After that, the selection procedure will continue.
Deputy Minister of Economic Development of the Russian Federation Nikolai Podguzov earlier today said that interest in the privatization of VTB organization, "Bashneft" and "Alrosa" showed more than 10 banks, including foreign ones.
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