Russia Inks Deal to Extend Waterway Lease for Finland

May 27, 2010 Full story: www.themoscowtimes.com 10

Russia signed a deal Thursday extending a Finnish lease on a key waterway for another 50 years, allowing Helsinki to import timber and export paper and pulp.

Under the agreement, signed by Prime Minister Vladimir Putin in Finland, Russia will continue leasing its stretch of the 43-kilometer Saimaa Canal that connects Finnish lakes to the Gulf of Finland after the current 50-year contract expires in 2013.

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“Dimitri at the races in Russia”

Since: Jan 10

Loved everywhere

#1 May 28, 2010
Well, celebration in Finnlandia, it looks like those Finns are drinking this weekend again.
Hemul2

Russia

#2 May 28, 2010
Pesky army wrote:
Well, celebration in Finnlandia, it looks like those Finns are drinking this weekend again.
Actually it's just a candy to sweeten the bitter pill - enforcement high customs fees on export of birch timber from Russia in 2011.

“Dimitri at the races in Russia”

Since: Jan 10

Loved everywhere

#3 May 28, 2010
oh boy, business the russian way.
perhaps, finns should hit the bottles asap.
Hemul2

Russia

#4 May 28, 2010
Pesky army wrote:
oh boy, business the russian way.
Really? Only dirty mordor orcs do not like trading with crude resources and try to convert them into something more valuable?

“Ethically confused ”

Since: Feb 10

Culturally aware

#5 May 28, 2010
Hemul2 wrote:
<quoted text>
Really? Only dirty mordor orcs do not like trading with crude resources and try to convert them into something more valuable?
Mordor Orcs??...lol... Interesting analogy
Hemul2

Russia

#6 May 28, 2010
Sticking your neck out wrote:
Mordor Orcs??...lol... Interesting analogy
No surprise - 90% of your articles about Russia are the sequels to The Lord of the Rings.

“Dimitri at the races in Russia”

Since: Jan 10

Loved everywhere

#7 May 28, 2010
I wish I was some aussie hunter, it could be one fine change, but since sticky writes sequels to the lord, I might as well stay.

“Ethically confused ”

Since: Feb 10

Culturally aware

#8 May 28, 2010
Hemul2 wrote:
<quoted text>
No surprise - 90% of your articles about Russia are the sequels to The Lord of the Rings.
Thats funny,,,lol
gelios

Russia

#9 May 28, 2010
"Russian state-owned railway-equipment maker Transmashholding agreed to set up a 50-50 joint venture with Finland’s Waertsilae to develop and produce diesel engines for trains, ships and power plants. The agreement calls for 1.8 billion rubles ($58 million) of investment, Transmashholding spokesman Artyom Ledenev said, Bloomberg reported.

The two companies will upgrade an existing plant in the Russian city of Penza, which will begin operation in 2012, Ledenev said. Waertsilae makes ship engines and power plants."

Russian diesel engines are considered more powerful, but Finnish more ecologically safe...Hope new engines will take the best from their predesessors...

“Dimitri at the races in Russia”

Since: Jan 10

Loved everywhere

#10 May 28, 2010
Thereīs no way they could go wrong, Russian brute power, Finns well distilled vodkas, i canīt wait.

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