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Analysts believe the initiative should have been introduced long before Russia joined the trade organisation.
The smoking ban will be extended next year and the price of tobacco is already on the rise.
African Union observers say the election has so far been without incident.
Russia’s largest passenger carrier Aeroflot is working on the establishment of low-cost airlines by 2014.
The bank was announced during the fifth BRICS Summit in Durban in March this year.
The central bank left key interest rates unchanged earlier this week.
Interim Vice President Mohamed ElBaradei has said the former president cannot be part of future negotiations.
US President Barack Obama said the country needs to boost exports.
Myanmar has been called the “last economic frontier” by the International Monetary Fund (IMF).
UNICEF is deeply concerned over reports that children have been killed or injured during violence in Egypt.