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The Russian government wants to develop the country’s depressed eastern Siberia and Far East regions.
Pinewood has been looking for a local Chinese partner to expand presence in the region.
Russia and Turkey are set to increase bilateral trade to hit $100 billion by 2020.
South Africa's economy is forecast to grow at 3.3 per cent next year, slated to push sub-Saharan growth.
Russia is to beef up security in the Black Sea resort as of June 1 this year due to Monday's terrorist attacks.
Earlier this month India and Canada signed an AAA that will allow Canada to ship uranium to India.
Developing economies are projected to grow 5.3 per cent this year, according to the IMF.
Among the Group of 20 nations, China reclaimed the top spot from the United States, attracting $65.1 billion.
Local media said that over 1,000 houses collapsed as a result of the earthquake.
China has confirmed 77 human infection cases and 16 deaths across the country as of late Tuesday.
