StockMarketWire.com - Russia-focused Trans-Siberian Gold said it had signed an agreement with that country's Far East Development Corporation officially confirming its residency in the Kamchatka Advanced Special Economic Zone.

Ratifying agreements were also signed with the Kamchatka government.

The ASEZ programme was established by the Russian government in 2014 with the aim of encouraging new investments in the Far East of Russia and aiding economic growth by providing preferential business terms to organisations operating within the region.

The programme currently comprised 20 priority development areas, including Kamchatka, where Trans-Siberian Gold operated.




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