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EU to endorse Russia's entry into WTO Moscow:
Russia and the European Union have signed a protocol which
endorses EU backing for Russia's accession to the World
Trade Organisation. In turn Russian President Vladimir
Putin said Moscow would look positively towards the ratification
of the Kyoto protocol.
No fewer than 55 countries must ratify the Kyoto Protocol,
accounting for at least 55 percent of global emissions
in 1990, in order that the protocol may come into force.
Russia's ratification is essential if this minimum has
to be reached, because the US and several other key countries
have rejected the treaty.
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Baring
India to raise $150 million
New York: Baring Private Equity Partners, India
will raise $150 million from institutional investors to
invest in Indian companies.The New Delhi-based firm plans
to make an investment to the tune of $ 15 million to $30
million in five mid-sized companies, and $1 million to
$5 million in 10 smaller companies. Baring first invested
in India in 1998 with a $40 million fund raised from high
net-worth individual investors and ING, the parent of
Baring Private Equity Partners.
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