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The two sides will practice counter insurgency and counter terrorism manoeuvres under the UN mandate.
The IMF has till now announced $37.6 billion rescue funds for the crisis-hit economy.
The finance minister said US Federal Reserve Chief Ben Bernanke’s statements have added to the “confusion”.
Chinese President Xi Jinping said last week that reforms must be comprehensively deepened .
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.
