sanctions makes TIG open for business

the USA and the EU and Australia think the world is theirs to dominate, but if you look at population numbers and the scope of what they believe is "not the world", you will notice perhaps what i do, they are misjudging bigtime..




These sanctions have generated huge inroads in the Russian/china relations, generating 600 billion dollar gas deal, trading that deal not in petrodollars but local currency... its generated Brics banks...  and russia has said to china, we are open for business, you can invest into everything...  TIG included




Russia's First Deputy Prime Minister Igor Shuvalov said told reporters in Beijing that he had agreed an economic cooperation pact with China's Vice Premier Zhang Gaoli that included boosting use of the rouble and yuan for trade transactions.

The pact also lets Russian banks set up accounts with Chinese banks, and makes provisions for Russian companies to seek loans from Chinese firms.

"We are not going to break old contracts, most of which were denominated in dollars," Shuvalov said through an interpreter.

"But, we're going to encourage companies from the two countries to settle more in local currencies, to avoid using a currency from a third country


also


RBTH reports, The Chinese company CNPC is to get up to 10 percent in Russia’s Vankor oilfields, Rosneft’s biggest production asset...
Russian President Vladimir Putin announced the plan at the construction launch of the Power of Siberia gas pipeline on 1 September, business newspaper Kommersant reported.

“The plan will secure state support, and we will encourage your participation,” said Putin to the members of the Chinese delegation.

“There are no restrictions for our Chinese friends,” he said. According to Kommersant, the Chinese state company CNPC could get up to 10 percent in Vankorneft for approximately $1 billion.


and

ITAR-TASS reports, Russian Railways are set to get RUB400 Billion investment from Chinese investors...
Chinese investors have expressed their willingness to invest 400 billion rubles. in the construction of high-speed highway Moscow - Kazan. Itar-Tass said the first vice-president of Russian Railways Alexander Misharin.

"Even today, the Chinese banks, China Development Bank in the first place, ready to raise the funding needed for this project, we are talking about the order of 400 billion rubles." - Said Misharin, noting that the final decision on the construction of high-speed rail is in Russian government.

Misharin emphasized that the stated funds are sufficient to "provide funding for the project in terms of funds raised."

the direct consequence of the sanctions of the USA / EU and Australia opens the door for chinese banks to invest into russian companies.. its fast tracked things and its actually a huge advantage for TIG

as much as the market is pricing TIG as a fail, imho TIG may be a very undervalued and underestimated company,,

think of chinese money backing TIG in russia and selling coking coal to china in local currencies... that is noiw an option...

i may pin my ears back and gobbleup what i feel is great value..