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Thursday, December 19, 2013

Russia weighs plans for Kyrgyz air base


The Russian government said it proposed transferring control over the Manas Air Base in Kyrgyzstan to Russian investment company Novaport.

The Russian government proposed placing Manas under the financial management of airport investment firm Novaport. The investment company is half owned by Roman Trotsenko, an adviser to oil company Rosneft, and is considering a $300 million investment in Manas, Russia's state news agency RIA Novosti reported Wednesday.

Last year, Russia and Kyrgyzstan signed a 15-year lease for Russian military bases in the country. Kyrgyzstan gets relief from the $500 million in debt to the Russian government in exchange.

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